Houthis seize key Red Sea city with Iranian support, threatening global shipping chokepoint

Houthis have seized the key Red Sea city of Mokha with support from Iran, posing a significant threat to a critical global shipping chokepoint. This strategic advance increases risks to international trade routes, which could potentially lead to escalating shipping costs and negatively impact global markets. The movement toward this vital maritime corridor marks a major escalation in the region, raising concerns over the stability of essential shipping lanes and the broader economic consequences.