Houthi fighters pushed to seize strategic heights in Yemen on Monday to cut off the Red Sea coast from remaining areas held by Saudi-backed forces, according to five Yemeni military sources cited by Reuters. The offensive follows a reported last-minute decision by U.S. President Donald Trump to call off planned airstrikes against the group as … Read more
Yemen’s Iran-aligned Houthi movement launched a new wave of missile and drone strikes against southern Saudi Arabia on September 15, according to Yemeni officials, while digging into military positions along the Red Sea coast as urgent diplomatic deliberations unfolded in Riyadh. The escalating conflict has heightened fears that regional hostilities could further threaten global oil … Read more
Saudi crude exports from the Red Sea are increasingly vanishing from view as tankers switch off tracking signals to avoid attacks by Yemen’s Iran-aligned Houthis, according to ship-tracking firms and industry analysts. The shift obscures visibility into global oil supply assessments and creates wide discrepancies in export estimates used by the International Energy Agency and … Read more
Iran announced on Sunday, August 9, 2026, that a diplomatic agreement with Oman defining new shipping lanes in the Strait of Hormuz is in its final stages, though Foreign Minister Abbas Araqchi reiterated that the vital waterway will not reopen until the United States meets several strict conditions. The Strait of Hormuz previously carried a … Read more