Houthi Seizure of Red Sea Islands Threatens Global Oil Supply

Yemen's Houthi militants have seized the strategic Hanish islands in the Red Sea, strengthening their control over the Bab al-Mandab strait. The capture follows recent gains including the port of Mokha and Perim island, raising fears of an oil supply crisis.

🐿️ The Houthis are now effectively holding a chokepoint for 10% of global oil transit, which could spike prices and disrupt supply chains.