Houthis Declare Naval Blockade on Saudi Arabia as Red Sea Crisis Deepens

Yemen’s Iran-aligned Houthis declared an immediate naval blockade on Saudi Arabia on Monday, Reuters reported, bringing the U.S.-Iran war officially to the southern entrance of the Red Sea and threatening an export route used by Riyadh to bypass disruptions in the Strait of Hormuz.  The group said the “maritime embargo” was retaliation for what it described as a Saudi siege of Yemen, Reuters reported. Saudi Arabia had not responded to the announcement as of the time of writing. Iran had previously instructed the Houthis to…

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LNG Capital Pressure Map — July 1–15, 2026

Deployed capital stories across FIDs, equity transactions, fleet orders, and infrastructure milestones — July 1–15, 2026.

FIDs & Project Sanctions

Shell Bahamas regas terminal — Shell took FID on a small-scale regasification terminal at Clifton Pier, acquiring 40% of the New Providence Gas joint venture.
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Continue ReadingLNG Capital Pressure Map — July 1–15, 2026