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Yemeni Houthi rebels have seized two strategic islands — Greater and Lesser Hanish — in the Red Sea at the entrance to the Bab el-Mandeb Strait. After this, concerns over oil supplies and shipping in the region intensified in the market.
#Wars #Yemen #RedSea #oil #SaudiArabia #Shipping #Houthis #Economy
A source in the Yemeni government said that the Iran-backed Houthis seized Perim Island in the Bab el-Mandeb Strait. According to him, this gave them de facto control over one of the key shipping routes in the Red Sea.
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