Houthis reach Perim island, Tighten grip on Red Sea route

Houthi forces have seized control of Yemen's entire Red Sea coastline, including the strategic port city of Mokha and Perim Island. This offensive secures a critical chokepoint at the Bab al-Mandab Strait, disrupting global shipping lanes and increasing pressure on Saudi oil exports, contributing to a surge in global oil prices above $100 per barrel.