Major U.S. oil companies and their top managers were targeted by sanctions by a Yemeni body affiliated with the Iran-aligned Houthi rebels, for what they say is violating a Houthi embargo. The Houthis say this action is taken under the principle of reciprocity, a response to U.S. sanctions — despite Oman’s May 6, 2025 announcement of a de-escalation and ceasefire between the U.S. and them,” Al-Basha wrote. Moreover, the Houthis on Wednesday claimed responsibility for an attack on a Netherlands-flagged cargo ship earlier this week. The Monday attack on the Minervagracht left the vessel ablaze and adrift in the Gulf of Aden. By Charles Kennedy for Oilprice.comMore Top Reads From Oilprice.com