💼 Business 4d ago · Patrick Wintour Diplomatic editor

Iran’s Houthi allies capture strategic island on vital oil shipping route

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Iran’s Houthi allies capture strategic island on vital oil shipping route
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Rampant Yemeni fighters take control of island in narrow point of Bab al-Mandab strait, which Saudi is relying on for oil exportsWhy the rapid Houthi advance matters and what’s at stakeYemen’s rampant Houthi forces have captured the strategic island of Perim in the Bab al-Mandab strait, expanding their control of the narrow waterway, one of the ​world’s vital shipping routes.The Iran-aligned Houthis took control of the volcanic island after forces allied to the UN-backed, Aden-based government l

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