Published Sep 11, 2026, 1:30 PM ET · Updated 2 months ago · 1 source
Houthi offensive in Red Sea negatively impacts global economy and gas prices
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Original Report
The Houthi offensive has led to their control of the Red Sea coast, impacting a crucial Saudi oil pipeline, which, alongside Brent crude prices reaching $107 and even over $200 a barrel, suggests a negative outlook for the global economy and consumer gas prices.