Bab al-Mandab Crisis Threatens Global Oil Flow | Dubai News

Houthi militants’ capture of Perim Island in the Bab al-Mandab Strait threatens global oil flows, forcing tankers into a costly, month-long detour around Africa. With Brent crude surging past $100 a barrel and Asian refiners scrambling for alternatives, shipping disruptions are spiraling — already down 60-70% from pre-conflict levels, now plummeting another 46%. The once-critical Red Sea route is becoming a new flashpoint, driving up fuel, insurance, and freight costs while tightening global energy supply chains. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7583b0f4660ac4aa