Iran And Allies Turn Up Pressure On Vital Maritime Routes, Houthis Claim Perim Island Near Bab el-Mandeb As Brent Crude Climbs Toward $110
9 Iran and its allies are intensifying efforts to disrupt key maritime routes in the Middle East, raising fresh concerns over global oil supplies, shipping costs and fuel prices.The crisis began with disruptions around the Strait of Hormuz, a vital waterway between Iran and the Arabian Peninsula. Now, Iran-aligned Houthi forces in Yemen have moved…
