HSBC: Houthis' entry disrupts Red Sea shipping, oil prices may rise another $20. (Note: The sentence mentions the impact of the Houthi group on shipping in the Red Sea, and suggests that oil prices could increase by $20 as a result.)

Sina Finance reported on March 31st that JPMorgan Chase pointed out in its latest research report that Houthi rebels in Yemen have officially joined the escalating conflict in the Middle East, which threatens the oil transportation in the Red Sea and the Strait of Mandeb, and could potentially lead to another $20 per barrel increase in international oil prices. JPMorgan Chase's commodity strategist Natasha Kaneva and others stated that the conflict is no longer limited to the Persian Gulf and the Strait of Hormuz, but has now expanded to the Red Sea and the Strait of Mandeb, introducing a second maritime pressure point in the Red Sea and posing risks to both of the world's major energy trade routes simultaneously.