FacebookTwitterEmailLinkedin Intermodal has issued its latest market report, bringing attention to the escalating risks for global shipping and energy markets as Houthi actions against Saudi Arabia threaten regional trade routes. Houthi blockade against Saudi Arabia raises shipping and energy risks According to Intermodal, the Middle East conflict has entered a new phase following the Houthis’ imposition of a naval blockade against Saudi Arabia, adding to geopolitical uncertainty. Beyond vessel attacks, reports that a Houthi strike forced the 400,000-bpd Jazan oil refinery to halt operations indicate that the group is also willing to target energy infrastructure. RelatedNews INTERCARGO: Every seafarer deserves to return home Xclusiv Shipbrokers: Saudi Arabia’s energy pivot faces a new threat var jnews_module_21379041_0_6a69dd48aa0b1 = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21379041","include_category":"","exclude_category":"","include_author":"","include_tag":"3377,280,2929,288,417,239","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2","pagination_scroll_limit":0,"ad