Why is Saudi halting oil shipments through the Red Sea?

Why is Saudi halting oil shipments through the Red Sea?

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By Stephen Kalin and Rania El Gamal RIYADH/DUBAI (Reuters) – Saudi Arabia announced last week it was suspending oil shipments through the Red Sea’s Bab al-Mandeb strait after Yemen’s Iran-aligned Houthis attacked two ships in the waterway. A full blockage of the strategic waterway would virtually halt shipment to Europe and the United States of about 4.8 million barrels per day of crude oil and refined petroleum products. Western allies backing a Saudi-led coalition fighting the Houthis in Yemen expressed concern about the attacks, but have not indicated they would take action to secure the strait.