Energy metabolism in red blood cells (RBCs) is characterized by oxygen (O2)‐responsive variation in flux through the Embden Meyerhof Pathway (EMP) or the Hexose Monophosphate Pathway (HMP). As such, generation of ATP, NADH, and 2,3‐DPG (EMP) or NADPH (HMP) shifts with RBC O2 content, due to competition between deoxy‐hemoglobin (Hb) and key EMP enzymes for binding to the cytoplasmic domain of the Band 3 membrane protein (cdB3). Enzyme inactivation by cdB3 sequestration in oxy RBCs favors HMP flux and NADPH generation (maximizing glutathione (GSH)‐based antioxidant systems). We hypothesized that sickle hemoglobin (HbS) disrupts cdB3‐based regulatory protein complex assembly, creating vulnerability to oxidative stress. In RBCs from patients with sickle cell anemia (SCA), we demonstrate constrained NADPH and GSH recycling and reduced resilience to oxidative stress. We further illustrate abnormal association of HbS to RBC membrane that interferes with sequestration/inactivation of the EMP enzyme GAPDH. These findings are confirmed by EMP/HMP 1H NMR glucose flux analysis in addition to RBC immunofluorescent imaging during O2 loading/unloading. Moreover, selective inhibition of inappropriately dispersed GAPDH rescues antioxidant capacity. Such disturbance of cdB3‐based linkage between O2 gradients and RBC metabolism suggests a novel mechanism by which hypoxia may influence SCA phenotype.