Red Sea Ransom: The Houthis' Strategic Seizure The recent advances by the Houthi rebels in Yemen have given them control over the entire Red Sea coast, including key shipping routes and islands in the Bab al Mandeb Strait.
This development has significant implications for global energy markets, regional stability, and the ongoing conflicts in the Middle East.
Historically, the Bab al Mandeb Strait has been a crucial chokepoint for international trade, connecting the Gulf of Aden to the Red Sea.