Iran’s Houthis seize key Red Sea port as $100 oil threatens global economy
The Iran-backed Houthis have seized the strategic Red Sea port city of al-Mokha - apparently at the direction of the IRGC - as fighting in Yemen and Saudi Arabia escalates.
On today’s episode of Iran: the Latest, Sophia Yan speaks to Jerusalem correspondent Henry Bodkin about the pressure the war is putting on the Bab al-Mandeb and Strait of Hormuz as oil prices pass the $100/barrel threshold for a second day. US President Donald Trump is clearly feeling the pressure, claiming the war will end following November’s midterm elections, and promising $5,000 cash payouts if Republicans retain…
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