How global trade and oil prices could be hit by Houthi advance
Yemen's Houthis have seized territory near the Bab al-Mandab Strait - a key trade gateway for oil and global shipping.
Attack raises concerns of a new front opening after more than six months of war in the region
Ranked reports inside the event cluster. Open any publisher link to read the original coverage.
Nearby clusters pulled from title, summary, and keyword similarity in PostgreSQL.
Yemen's Houthis have seized territory near the Bab al-Mandab Strait - a key trade gateway for oil and global shipping.
Saudi Crown Prince Mohammed bin Salman has personally pressed President Trump to take military action against the Iran-backed Houthis, sources tell CBS News.
The Houthi takeovers of Mokha, Dhubab and Perim in the Bab el-Mandeb Strait threaten to push Yemen deeper into the Middle East war. The Iran-backed group has made advances against Yemen's government and Saudi Arabia.
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 3 articles across 2 sources.
The Iran-backed Houthis are also reported to have seized Perim - a strategic island on the major shipping route. Grouped from 20 articles across 10 sources.
US consumer prices rose 3.4% in the year to August, unchanged from July and exactly in line with expectations, but the monthly increase of 0.4% was the sharpest since May, a sign the energy shock is starting to bite…