Fox News reported that Saudi Arabia is facing a major threat to its oil production.

The report said the threat has emerged as Houthi forces have launched attacks on Saudi Arabia and seized areas near the Bab al Mandeb Strait in the Red Sea.

Fox News also quoted political analyst Hussain Abdul Hussain as saying that the situation in the Middle East is deteriorating.

He alleged that Iran may have encouraged the Houthis to impose a blockade on Saudi Arabia, potentially disrupting the kingdom’s oil exports.

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