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Houthis take full control of Red Sea coastline, tightening grip on crucial shipping lane
On Friday, Iranian-backed Houthi rebels captured the strategic island of Mayun in the Bab el-Mandeb Strait, a swift advance threatening Saudi oil exports through one of the world's key commercial lanes.
The Houthis seized the port city of Mokha on Thursday, their largest territorial gain in years, following direct guidance from Iran's Revolutionary Guard and bringing fighters within 80 kilometers of the strait.
Crude oil prices jumped at least 5% Thursday, reaching $106 a barrel, while about 12% of the world's goods typically transit this waterway, amplifying concerns over the disruption.
Saudi Arabia responded with airstrikes against the airport in Mokha on Thursday, while President Donald Trump rejected Saudi Crown Prince Mohammed bin Salman's request for direct U.S. military strikes, offering intelligence instead.
The escalating conflict threatens 40 million people in Yemen, risking a return to a civil war that killed 150,000. Experts suggest the Houthi advances could grant Iran increased leverage in negotiations with the United States.
Daily News and Politics podcast from The MeidasTouch
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Daily News and Politics podcast from The MeidasTouch
🚨Iran DELIVERS DECISIVE BLOW
The MeidasTouch Podcast discuss Houthi capture of Perim Island and consolidation of control over the Bab al-Mandeb Strait amid broader Iranian maritime escalation