Iran-backed Houthis tighten grip on key oil shipping lane
The moves by the Houthis make it easier for the Iran-backed rebels to target ships transiting the crucial Bab el-Mandeb Strait for Saudi Arabian oil exports.
The moves by the Houthis make it easier for the Iran-backed rebels to target ships transiting the crucial Bab el-Mandeb Strait for Saudi Arabian oil exports. Grouped from 5 articles across 4 sources.
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The moves by the Houthis make it easier for the Iran-backed rebels to target ships transiting the crucial Bab el-Mandeb Strait for Saudi Arabian oil exports.
Houthi rebels effectively completed a rapid push to take control of Yemen’s Red Sea coastline on Friday, tightening their grip on one of the world’s most important shipping routes and delivering a dramatic boost to their backers in Iran.
Saudi Arabia has closed a critical oil pipeline after it was struck by drones launched from Iraq, with the latest squeeze reverberating through the region Saturday as attacks by Iran-backed Houthi rebels threatened to deepen the world’s energy crisis.
The takeover solidifies the group's position in the Bab al-Mandeb, but holding it long-term could be difficult.
ADEN/DUBAI, Sept 11 - Yemen's Iran-aligned Houthis reached the strategic island of Perim in the Bab el-Mandeb Strait on Friday, four Yemeni government sources told Reuters, moving to tighten their grip on a vital global shipping route in the widening Middle East war.
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Houthi fighters reached Perim Island which divides the Bab el-Mandeb into two shipping lanes after government forces withdrew, completing the group's takeover of the strait. Together with Iran's Hormuz blockade, this… Grouped from 2 articles across 1 sources.
Iranian officials have praised the Houthis' victories but have not spoken about any imminent closure of Bab al-Mandeb. Grouped from 13 articles across 6 sources.
The energy agency warned shrinking inventories and strained refineries could further tighten markets. Grouped from 2 articles across 2 sources.
The Iranian ally seizes Yemen's Red Sea coast, cementing their hold on the Bab al-Mandeb strait. Grouped from 5 articles across 4 sources.
Yemen's Houthis have seized territory near the Bab al-Mandab Strait - a key trade gateway for oil and global shipping.
Oil prices retreated on Friday on hopes of a resumptions in negotiations, but notched sharp weekly gains after soaring above $100 a barrel. Grouped from 2 articles across 1 sources.