"The spike came after Yemen’s Iran-aligned Houthi forces launched several attacks against Saudi Arabia and captured the strategic island of Perim in the Bab al-Mandab strait on Sunday, expanding their control of the waterway.
The rise was also fuelled by the Gulf states postponing a meeting with Tehran to discuss creating a temporary shipping lane through the strait of Hormuz, a vital channel through which a fifth of the world’s oil and gas supply normally passes."
Framing: assertive ·
First seen: 2026-09-15 ·
Last seen: 2026-09-15 ·
Spread: 1 articles