Why Yemen's Iran-backed Houthis may be more bad news for oil prices

By Reuters

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Houthis seized control of Yemen's Mocha and advanced down the Red Sea coast to strategic islands, raising concern regarding their leverage over the Bab el-Mandeb Strait — another vital artery for oil shipments. Tony Munroe has the details. #News #Reuters #Newsfeed #usiranwar #iranwar #yemen #houthis #oil #babelmandeb Read the story here: https://reut.rs/3UDghA7 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

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