Red Sea: Huthis Apparently Advance to Strategically Important Straits
6 Articles
6 Articles
The Huthi rebels allied with Iran have access to one of the most important straits in the world. Pressure on world trade is rising – and Germany should be hit particularly hard.
The Huthi militias in Yemen advance to the strategically important Strait Bab al-Mandab. Attacks on tankers in the Strait of Hormus drive the oil prices. "The Dax should now settle in between 25,000 and 26,000 at the moment", says stock market strategist Oliver Roth in conversation with Dietmar Deffner.
A blockade of the Strait of Bab al-Mandab in Yemen (southern access to the Red Sea) would cap another important trade route for oil. The route has gained in importance because of the Iran war. According to insiders, the Huthis are on the rise.
Only 79 merchant ships have passed through the Babulmendep Strait in the last 3 days
After months of almost complete paralysis of cargo traffic through the Strait of Hormuz, another important maritime route - the Bab El Mandeb Strait, which connects the Red Sea with the Arabian Sea - is now facing an equally tense situation. Iran's allies, the Yemeni Houthis, are on the verge of taking control of the strait by attacking positions of Yemeni government forces.
SANAA. The Huthi militia supported by Iran is on the rise in Yemen at the strategic strait Bab al-Mandeb ("Gate of Tears").
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