WIRE — Yemenâ s Houthi rebels announced that they would be imposing a maritime embargo against Saudi Arabia on Monday, in retaliation for the blockade and airstrikes on its Sanaa International Airport by the Kingdom. The blockade threatens the Bab el-Mandeb Strait, a gateway to the Red Sea through which around 12% of the worldâ s trade usually passes. Yahya Saree, a Houthi military spokesperson, said in a video statement that the maritime ban against Saudi Arabia will be effective immediately, describing it as an â equation of â an eye for an eye.â â
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