India’s crude supplies and import bill may face a fresh shock after a Houthi threat to blockade Saudi Arabia put the kingdom’s oil moving through Bab el-Mandeb at risk. The threat comes just as Saudi Arabian crude sharply regained share in India’s import basket over the last two weeks. Kpler data showed Saudi supplies to India rebounded to 586,000 barrels per day (bpd) through July 19, doubling from 293,000 bpd for the whole of June, Kpler data showed. The kingdom ranked third after Russia at 2.45 million bpd and the UAE at 617,000 bpd.