Houthis & Faroe Petroleum
4 shared events · Importance 5 · Last updated Jul 31, 2026
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International
Houthis: Declared maritime blockade on Saudi Arabia, attacked Saudi oil tankers and infrastructure, escalating the conflict and threatening global oil supply.
Faroe Petroleum: Oil markets face dual blockade risk; prices rose above $90 and could spike further.
Mar 09, 2018 · 462 articles
Domestic
Houthis: Yemeni group threatened to blockade Red Sea oil route, contributing to oil price surge.
Faroe Petroleum: Oil prices surged above $100/barrel due to Middle East tensions, adding to inflation pressures.
Jul 26, 2026 · 21 articles
Domestic
Houthis: Iran-backed Houthi rebels attacking Red Sea shipping, threatening Saudi oil exports and adding to supply disruption.
Faroe Petroleum: Oil prices spiked above $100 on Iran war; supply disruptions from Hormuz and Red Sea keep prices elevated.
Jul 28, 2026 · 6 articles
International
Houthis: The Houthis have previously targeted Saudi desalination facilities, but are not directly involved in this event.
Faroe Petroleum: Oil prices have risen due to supply concerns from the conflict and disruptions in the Strait of Hormuz.
Apr 20, 2026 · 423 articles
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