Conflict & Security
Hormuz closure and Houthi control of Bab el-Mandeb tighten grip on Gulf shipping as Brent tops $107
September 14, 2026 at 08:58 PM · Updated 31d ago
Coverage
12 reports · over 23 hours
Iran declared the Strait of Hormuz closed after a supertanker explosion, while Houthis expanded control over Bab el-Mandeb and oil prices surged past $100 a barrel.
- The Iranian Revolutionary Guard announced the supertanker "Algaya" exploded after striking naval mines and was engulfed in fire, declaring Hormuz "closed and under our complete and smart control."
- Houthi military spokesman Yahya Saree announced strikes on Saudi Arabia's King Khalid Air Base with dozens of ballistic missiles and drones, in response to more than 300 raids he said targeted the group.
- Trump said in Dublin the Houthis had contacted the US and "don't want to fight with us," asserting the group allows most ships to pass while the US maintains "tight control" of Hormuz.
- Brent crude rose about 3.1% to roughly $107 a barrel after the Houthi strikes on Saudi Arabia and Iranian attacks on Gulf ships, as G20 energy meetings opened in Houston.
- The attacks halted Saudi Arabia's East-West pipeline, while buyers cautioned the kingdom could exhaust exportable oil within days, removing up to 4% of global supply.
- Houthi forces launched new missile and drone strikes on Saudi Arabia, including Khamis Mushait air base.
- Gulf states postponed talks with Iran, fueling fears the Middle East conflict could expand and disrupt global oil supplies.
- Iranian Foreign Ministry spokesman Ismail Baqai denied Tehran's involvement in the renewed Yemen conflict, distancing Iran from the Houthi attacks on Saudi Arabia.
- Ship-tracking data from Kepler showed only four vessels crossed the Strait of Hormuz on Monday versus ten the day before, as Bab el-Mandeb traffic fell to 21 from 28.
- Saudi Arabia expanded its emergency alert map northward along the Red Sea coast on Tuesday to include Yanbu and Jeddah, before declaring the danger had passed in all six cities.
- Saudi authorities said the recent waves of Houthi missile and drone attacks had injured 13 civilians.
- GCC Secretary-General Jassem Mohamed Albudaiwi condemned Houthi attacks on Saudi civilian targets as a flagrant violation of international law.









