Houthi Island Grab Sparks Oil Crisis | Edmonton News

Houthi rebels strike a major blow by seizing the strategic Mayun Island in the Bab el-Mandeb Strait, threatening Saudi oil exports and escalating regional tensions. In retaliation, Saudi forces bombed the Houthi-held port city of Mokha — with no immediate reports of damage or casualties. The move could destabilize fragile peace talks, boost Iran’s leverage, and spike global oil prices, all while risking a full-scale civil war in Yemen already reeling from a catastrophic humanitarian crisis.

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