Houthis seize Mayun island, tightening pressure on Red Sea oil route
7 Articles
7 Articles
Sydney Morning Herald
‘These waters aren’t safe’: New oil supply fears as Houthis seize key island, Saudi pipeline attacked
If Yemen’s Houthis gain control of the Bab el-Mandeb Strait, their backer Iran could gain a critical advantage in its war with the US, reducing supplies through a second major corridor and further raising oil prices.
Just one day after seizing Mocha on the Red Sea coast, the pro-Iranian Houthi rebels in Yemen secured Perim Island (Mayoon Island) within the Bab el-Mandeb Strait and Doubab on the opposite side of the Yemeni mainland. Houthi-occupied territory has now emerged at the southern gateway of the Red Sea detour route for Saudi Arabian crude oil, which South Korea has actually been using following disruptions to transit through the Strait of Hormuz. Th…
Escalation in the Middle East threatens the oil market again - Yemen's Houthis have seized a key island in the Red Sea. The rebel group ...
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