Oil Prices Soar to New Heights as Houthis Seize Yemen’s Red Sea Coastline

Houthi forces have reportedly seized the entirety of Yemen’s Red Sea coastline, further solidifying the group’s control over its key waterway and sending oil prices soaring to even further heights since the start of the U.S.-Israeli war on Iran. The Houthis, also known as Ansar Allah, seized control of the key port town of Mocha this week, reports say. They have since rapidly advanced to…

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