Aljazeera.com | Oil price shock on the way? Aljazeera.com Saudi Arabia ordered its oil tankers to stop sailing through the Bab al-Mandeb Strait, off the coast of Yemen, after two vessels were attacked by Iran-backed Houthi rebels. Iranian commanders have threatened to close the Strait of Hormuz - the gateway ... Oil prices rise on US, EU trade talks Saudi Arabia halts oil exports in Red Sea lane after Houthi attacks Oil watchers dismiss supply risk from Red Sea attacks, but wary of escalation |