Market rescue or self‑inflicted squeeze? Sanctions meet supply shocks
Saudi Arabia’s East–West pipeline outage, Houthi control of Perim Island, and expanded U.S. tariff powers over buyers of Russian and Iranian energy coincide with visible fuel‑price spikes worldwide.
Drone strikes that shut Saudi Arabia’s East–West pipeline and Houthi gains tightening control of the Bab al‑Mandab have simultaneously constrained the Gulf’s onshore bypass and Red Sea lanes, pushi...