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2026-07-26 Arabia
Bab al-Mandab Strait not closed, maritime ban only targets Saudi shipping per Houthis; major insurers suspending war coverage for Saudi-linked ships in Red Sea
[HodhodYemenNews] The Yemen
...an area of the Arabian Peninsula sometimes mistaken for a country. It is populated by more antagonistic tribes and factions than you can keep track of...
i government in Sana’a has resolved the ongoing debate regarding reports of a possible blockade on the Bab al-Mandab strait, categorically denying such claims and emphasising that circulating rumors do not reflect the official stance of the Yemeni government.

In a post on the social media platform "X," Mohammed Abdulsalam, head of the national negotiating delegation, wrote: "There is no closure of Bab al-Mandab, as is being claimed by some."

He further clarified that the official position of Yemen, as articulated by the Yemeni Armed Forces, is strictly limited to a maritime ban on Saudi Arabia
...a kingdom taking up the bulk of the Arabian peninsula, largely made up of sand and oil rigs. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual haj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. Formerly dictatorial and steeped in Olde Tyme Religion, deferring to Salafist holy men on all issues, it has now done a 180 and is making a serious effort to modernize, so as not to be left in the sand by its Gulf Arab neighbors. The holy men have been shoved to the background and the nation is now still dictatorial but somewhat rational. That doesn't make them trustworthy, but it's a start...
. This measure is a direct response to the ongoing siege on Yemen and the refusal to accept any equitable solution that guarantees the security, illusory sovereignty, and independence of the Yemeni people.

Major insurance companies suspend coverage for Saudi-linked vessels in Red Sea

[HodhodYemenNews] Major marine insurers in the Lloyd’s of London market have notified brokers that they are suspending war risk insurance coverage for Saudi-linked vessels navigating the Red Sea, including ships flying other flags or those that have previously docked at Saudi ports, the Financial Times reported.

Citing two brokers, the newspaper reported that some insurers are also preparing to cancel existing cargo insurance. It noted that Ascot and Navium have informed brokers of their intention to cancel insurance policies for a number of such vessels.

For his part, Marcus Baker, a broker at Marsh, explained that Saudi Arabia could potentially be categorized alongside high-risk countries in the region, such as “Israel”, the United States, and the United Kingdom, prompting underwriters to exercise greater caution regarding vessels associated with the Kingdom. # id) ?>
Posted by trailing wife 2026-07-26 00:00|| E-Mail|| Front Page|| [288 views ]  Top
 File under: Houthis 

1 Houthis Now Attacking Saudi Oil Tankers In Red Sea, Major Energy Supply Implications (Updated)
Posted by Skidmark 2026-07-26 16:41||   2026-07-26 16:41|| Front Page Top

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