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WORLD · OCTOBER 6, 2026
The Houthis Took the Bab al-Mandab Strait: What It Means for Oil, and What the US Is Likely to Do
In September the Houthis took the Yemeni side of the Bab al-Mandab strait, including Perim (Mayyun) Island, just as Iran's closure of Hormuz had pushed Saudi oil onto the Red Sea. Here is why that narrow gap matters, how much oil moves through it, and why Washington has so far declined to strike.