Yemeni Forces Reportedly Recapture Strategic Red Sea Port from Houthis
Yemen government forces claim they have recaptured the strategic port city of Mokha from Iran-backed Houthi rebels, marking a significant counteroffensive. The move is aimed at reducing Houthi control over key parts of the Bab el-Mandeb Strait, an important global oil transit route. Saudi Arabia, Turkey, and Pakistan announced plans to deploy forces and implement deterrence measures against the Houthis following attacks on two Saudi airports that injured three people. The situation has kept energy markets tense due to concerns about potential supply disruptions in the Middle East. Although Brent crude prices dipped slightly below $100 per barrel early Tuesday, they remained elevated amid ongoing geopolitical risks. Analysts suggest market nervousness is likely to persist as tensions continue and oil flows remain under scrutiny.
Topics: Bab el-Mandeb Strait Houthis oil markets Red Sea Yemen