Walter BloombergGeopolitics

HOUTHIS CLOSE IN ON KEY RED SEA CHOKEPOINT Iran-aligned Houthis have seized Yemen’s port city of Mocha and are pushing toward Dhubab and th…

HOUTHIS CLOSE IN ON KEY RED SEA CHOKEPOINT Iran-aligned Houthis have seized Yemen’s port city of Mocha and are pushing toward Dhubab and the Bab el-Mandeb Strait, according to Reuters sources. Control of the strategic waterway could allow the group to further disrupt global shipping and Saudi oil exports, particularly as Hormuz remains constrained. Brent crude remained above $100 as risks to both major Middle East energy routes intensify.
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