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Global-oil-prices

Houthis take Control of Bab al-Mandab, new threat to global energy
Houthis take Control of Bab al-Mandab, new threat to global energy
Dark clouds of war appear to be gathering over the Middle East once again. On one side is the Iran US conflict. On the other is the rapid military advance of the Houthis in Yemen. Amid these two crises, the biggest concern now is one of the world’s most important waterways, the Bab al-Mandab Strait. The Iran backed Houthis achieved a major territorial gain on Friday after only a few days of operations along Yemen’s Red Sea coast. Saudi backed Yemeni government forces retreated after 18 ho...
World•12 September 2026