The Strait of Tension: How a Conflict in Yemen Could Unleash Global Chaos The rapid advances made by Houthi rebels in Yemen, culminating in their capture of key strategic locations along the Red Sea coastline, have sent shockwaves through the global economy.
Oil prices are rising, and so too is the risk of a wider conflagration that could imperil trade routes and disrupt the global supply chain.
The Houthis' successful push to secure the Bab el Mandeb Strait, a critical chokepoint for international shipping, marks a significant escalation in the Yemeni civil war.