Strait of Conflict: The Houthi Takeover's Ripple Effect on Global Trade The latest development in Yemen's decade long conflict has significant implications for global trade and energy flows.
The Iran backed Houthis have taken control of a key island in the Bab el Mandeb Strait, a vital waterway connecting the Red Sea to the Indian Ocean.
This strategic gain allows the group to exert pressure on international shipping lanes, posing a risk to the safe passage of goods and commodities.