Houthis seize Perim Island and Mokha, tightening grip on Red Sea shipping lane
The Houthis have reportedly expanded their control along Yemen's western Red Sea coast, taking Perim Island at the mouth of the Bab al-Mandab Strait and capturing the port city of Mokha. The advance gives the Iran-backed group a stronger position on one of the world's most sensitive maritime chokepoints. It also deepens concern over the security of a shipping lane used by vessels moving between the Gulf of Aden and the Red Sea.A source from Yemen's internationally recognised government said Perim, also known as Mayyun, was seized after pro-government forces withdrew on Friday. Military sources said Mokha fell a day... [Continue Reading]
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Day News Recap: Houthis tighten Red Sea grip as oil jumps above $100 and global tensions widen
Houthi forces have made the biggest move in the window, with reports saying they seized Yemen's Red Sea coastline, including Mocha, the Bab al Mandeb coast and Mayyun Island, tightening their grip on one of the world's most sensitive shipping routes. The advance has sharpened fears over the Bab al Mandeb strait and comes alongside Saudi oil strikes, raising the risk of wider disruption to maritime traffic. π π πThe conflict spillover is also feeding into broader regional tensions. Donald Trump said he had no regrets about launching the US Israeli war against Iran, even as Gulf diplomacy intensifies over... [Continue Reading]
Yemen conflict deepens as Houthis seize territory near Bab al-Mandeb Strait
Fighters from the Iran-backed Houthi group have seized territory close to the Bab al-Mandeb Strait in the Red Sea, a narrow waterway that links Asia and Europe through one of the world's most important shipping corridors. The advance adds to concerns about the security of maritime traffic in the area and the wider impact on trade routes and oil exports. It also comes as fighting in Yemen continues to displace civilians and widen the conflict's regional implications.The Houthis have said they do not pose a threat to international shipping, but they have reiterated their intention to target vessels from Saudi... [Continue Reading]
Houthis seize Yemen's Red Sea coastline and Mocha, tightening control of Bab al-Mandeb
Houthi forces have captured the whole of Yemen's Red Sea coastline, according to the supplied report, in a rapid offensive that reached the strategically important Bab al-Mandeb shipping gateway. The group also seized the port city of Mocha on Thursday, marking a significant advance in the country's west. The development strengthens Houthi control over a corridor that links the Red Sea to the Gulf of Aden and carries major commercial traffic.The report says the offensive continued on Friday after the capture of Mocha the previous day. It describes the Houthis as having gained much firmer control of Bab al-Mandeb, a... [Continue Reading]
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Houthis advance on Yemen's Red Sea coast amid Saudi oil strikes and Bab al-Mandeb fears
The Houthi-Saudi conflict has entered a sharper phase, with fighters reported to have advanced along Yemen's Red Sea coast and reached key points near the Bab al-Mandeb strait. According to the supplied report, Houthi forces moved into the coastal town of Mocha at dawn on Thursday, pushed offshore to nearby islands, and by Friday morning had taken control of Yemen's Red Sea coast. Yemeni government officials also said fighters reached Dhubab and that boats carrying Houthi fighters landed on Mayyun Island after government forces withdrew.The same report says Houthi drones and missiles wounded 73 people and set oil facilities ablaze... [Continue Reading]
Oil set to end week above $100 as shipping attacks intensify around Hormuz and the Red Sea
Oil prices eased on Friday, but both Brent crude and West Texas Intermediate were still on track to end the week above $100 a barrel for the first time since mid-May. The move comes as attacks on shipping routes in the Middle East intensify, with traders focused on the Strait of Hormuz and the Red Sea. The latest price action reflects concern that disruption to tanker traffic could last longer than previously expected.Brent crude futures fell to $105.62 a barrel in early trading, while West Texas Intermediate slipped to $101.10. Even after the pullback, both benchmarks were still nearly 13%... [Continue Reading]
Breakfast News Recap: Oil spike and Middle East tensions rattle markets as wars widen across several fronts
Donald Trump said he had no regrets about launching the US Israeli war against Iran, even as Gulf diplomacy intensified over the risk of the conflict spilling further across the region. πOil surged above $105 a barrel as attacks on shipping intensified around the Strait of Hormuz and the Red Sea, adding to pressure on consumers and transport costs. Australian motorists are expected to face higher fuel prices in the coming weeks, with prices on track to rise by 20 to 25 cents a litre. π πIn Gaza, Israeli strikes killed a family of four, including two children, in Beit... [Continue Reading]

