Houthi Advance Threatens Global Trade and Oil Prices

Iran‑backed Houthi fighters have seized land near the Bab al‑Mandab Strait, a chokepoint that links the Red Sea to the Gulf of Aden and beyond. The area is a principal route for merchant and oil vessels sailing from Asia to Europe.

The rebels say they will not attack neutral traffic but vow to target ships belonging to Saudi Arabia. As the conflict in Yemen rages, shipping lines worry that a shift of traffic may force detours, adding cost and risk to the global supply chain.

Saudi Arabia has relied increasingly on the Red Sea to export crude after the US and Israel war left the Strait of Hormuz closed. The Houthi foothold could pressure shipping companies to find alternative routes, raising insurance premiums and fuel consumption.

The United Nations reports that more than 46,000 Yemenis have been displaced in the week since fighting intensified, highlighting the humanitarian toll that could further destabilise the region.

Story produced by Aisha Sembhi; graphics by Mark Edwards.