How global trade and oil prices could be hit by Houthi advan
Yemen's Houthis have seized territory near the Bab al-Mandab Strait - a key trade gateway for oil and global shipping.
Key Takeaways
- →Fighters from the Iran-backed Houthi group have seized territory close to the Bab al-Mandab Strait in the Red Sea - a key trade gateway that links Asi
- →Houthis have said they pose no threat to international shipping but have reiterated their intention to target vessels from Saudi Arabia
- →Saudi Arabia has increasingly relied on the Red Sea for oil exports since the US and Israel's war effectively closed the Strait of Hormuz
- →At least 46,000 people have been displaced in Yemen since fighting escalated last week, according to the United Nations
- →BBC Verify's Thomas Copeland reports
Key Takeaways
- Fighters from the Iran-backed Houthi group have seized territory close to the Bab al-Mandab Strait in the Red Sea - a key trade gateway that links Asi
- Houthis have said they pose no threat to international shipping but have reiterated their intention to target vessels from Saudi Arabia
- Saudi Arabia has increasingly relied on the Red Sea for oil exports since the US and Israel's war effectively closed the Strait of Hormuz
- At least 46,000 people have been displaced in Yemen since fighting escalated last week, according to the United Nations
- BBC Verify's Thomas Copeland reports
Fighters from the Iran-backed Houthi group have seized territory close to the Bab al-Mandab Strait in the Red Sea - a key trade gateway that links Asia and Europe.
Houthis have said they pose no threat to international shipping but have reiterated their intention to target vessels from Saudi Arabia.
Saudi Arabia has increasingly relied on the Red Sea for oil exports since the US and Israel's war effectively closed the Strait of Hormuz.
At least 46,000 people have been displaced in Yemen since fighting escalated last week, according to the United Nations.
BBC Verify's Thomas Copeland reports.
Produced by Aisha Sembhi. Graphics by Mark Edwards.
Frequently Asked Questions
What is How global trade and oil prices could be?
Yemen's Houthis have seized territory near the Bab al-Mandab Strait - a key trade gateway for oil and global shipping.
Frequently Asked Questions
What is How global trade and oil prices could be?
Stay in the loop
Get the latest tech news and AI insights delivered to your inbox. No spam, unsubscribe anytime.
TechVeb Team
Your trusted source for the latest in technology, AI innovations, and digital trends. We bring you in-depth analysis, expert reviews, and comprehensive guides.
Learn more about us →More ai News
Here are the top AI agents that can live in your text messages
We created a list of the most notable AI agents that can live in your text messages, from general assistants to agents designed for families, travel, and work.
Plan for Northern Olympics to get £7m in Healey's Budget
The full feasibility study will look in detail at how hosting the Games in northern England could work.
From Toast to Bessemer: Who founders will hear from at TechCrunch
Hosted by TechCrunch in partnership with Fidelity Private Shares, the full-day event goes beyond fundraising and AI to explore the realities of finding...