Houthis take control of Mokha Yemen

The internationally recognized Yemeni government has confirmed that the Houthis, supported by Iran, have taken control of Al-Mukha, a city overlooking the Red Sea. This area holds strategic importance near theBab el-Mandeb Strait. This takeover could bring the Houthis closer to the strait that connects the Red Sea to the Indian Ocean, posing a threat to maritime freedom of navigation in the region, especially as the Houthis have imposed a blockade on Saudi shipping traffic. As a result, global oil prices have risen, with Brent crude increasing by 3.4% to reach $104.59 per barrel amid escalating tensions around the Strait of Hormuz.

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