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Houthis seize key Yemeni port city as Iran pushes for new foothold on Red Sea coast

The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.

Houthis seize key Yemeni port city as Iran pushes for new foothold on Red Sea coast

Published September 11, 2026 · Category: Finance

Overview

The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.

Source

Originally published at www.cnbc.com.

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