Yemen's Houthis Threaten New Oil Shock as Civil War Reignites

Yemen's Houthi Rebels are threatening to make the global energy crisis worse at the same time that the nation's own energy security is in dire straits. After four years of an unofficial truce and precarious peacetime, Yemen has once again erupted into conflict this week.

And this escalating tension comes on the heels of months of threats on the part of the Houthi rebels to fight alongside Iran, potentially making the region's waterways ever more impassable for the global oil trade.