Iran-backed Houthi rebels in Yemen have seized control of the country's entire Red Sea coast and key Bab al-Mandeb Strait islands, displacing at least 46,000 people and prompting airstrikes from Saudi Arabia.
Key points
- The Houthi advance included taking control of Mokha airport and the coastal town of Dhubab, threatening major international shipping lanes used as an alternative to the Strait of Hormuz.
- The United Nations' International Organization for Migration reported that at least 46,000 people have been displaced as fighting escalated.
- The rapid territorial gains risk ending a fragile truce that largely halted Yemen's civil war since 2022.
- Global oil prices climbed above $100 a barrel and US diesel prices surpassed $6 a gallon following the escalation and security concerns in the maritime chokepoint.
Why it matters
The Houthi takeover of the Bab al-Mandeb Strait threatens global shipping and oil supplies along a critical maritime corridor, driving up energy prices and risking a broader regional conflict.
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