There are reports of a potential threat to Saudi oil exports in the Red Sea, possibly involving the Houthi group and related to tensions with Iran. Some sources indicate that Iran has instructed the Houthis to close a key shipping route, such as the Bab al Mandeb Strait, in response to a potential US strike on Iran's power network. The situation suggests a growing threat to oil exports in the region, with Saudi Arabia reportedly increasing exports from its Yanbu oil facility.