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Yemen's Houthis say they will target US oil firms with sanctions...
01 Oct, 2025 08:42
326 min read
Yemen's Houthi militia has announced sanctions against U.S. oil giants ExxonMobil and Chevron, along with several other companies and executives, in retaliation for recent U.S. sanctions against the group. It is unclear if this signals an intent to physically target vessels linked to these companies, which would risk violating a standing truce agreement. The Houthis have a history of attacking shipping in the region, though their campaign has had little impact on vital oil traffic. Analysts suggest the sanctions are likely a "media stunt" with limited practical effect, as most regional oil trade is handled by companies from China, Russia, Iran, and the Gulf, with whom the Houthis wish to maintain relations....
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Energy Other
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