Houthis seize strategic Red Sea island, raising fresh threat to Saudi oil exports
Iran-backed Houthi rebels have captured Yemen’s Perim island in the Bab el-Mandeb Strait, according to officials from both sides, potentially tightening their grip on a crucial Red Sea shipping route. The development comes as Saudi Arabia relies m...
The island, known variously as Perim and Mayun, is about 3.5 km off Yemen's coast. It's capture was confirmed by a senior military official with Yemen's internationally recognised government and by a Houthi official. Both spoke on condition of anonymity.

But there is "no need for international concern," said Hazam al-Assad, a member of the rebels' political bureau. He said they were responding to Saudi aggression, and "our forces have a bank of big important targets," in case Riyadh keeps up the strikes.
US President Donald Trump has reportedly refused Saudi Arabia's call to launch strikes against the Houthis.
Earlier, two officials from the Saudi-backed, recognised Yemeni government said its forces had pulled out of Perim and that the Houthis had also taken the mainland Red Sea town of Dhubab, which faces the island.
Saudi Arabia, the world's largest oil exporter, has relied on Red Sea route since the Iran conflict effectively closed Strait of Hormuz, through which a fifth of global oil used to flow.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.