Oil prices surge as Houthis seize Red Sea port amid growing fears Iran-backed rebels will paralyse supply route vital for the West

9919a1b0e6ac528b525821f2932b1739eee93bd95d6740e9b79a6110a097baf4

Oil prices surged as Iran-backed Houthis seized control of Yemen’s port city of Mokha on Thursday – an area vital to controlling shipping through the Red Sea. 

Comments

Leave a Reply

Discover more from UM LEGACY PRESS LTD

Subscribe now to keep reading and get access to the full archive.

Continue reading