Gulf oil threatened anew as Houthis reach key island and pipeline is shut downThe Houthis have seized control of Perim island, significantly affecting a crucial shipping corridor. Additionally, a drone strike originat...
Houthis seize strategic Red Sea island, raising fresh threat to Saudi oil exportsIran-backed Houthi rebels have captured Yemen’s Perim island in the Bab el-Mandeb Strait, according to officials from both sides, potential...
New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...