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Markets

Houthis Seize Strategic Island in Vital Shipping Strait

Published 11 September 2026

Houthi forces have captured the strategic island of Perim in the Bab el-Mandeb Strait, according to Yemeni government sources, in a rapid advance that tightens their control over a vital global shipping lane and escalates the wider Middle East conflict. The capture, reported on Friday, September 11, 2026, follows the rebels' seizure of the mainland coastal town of Dhubab and the historic port city of Mokha earlier in the week. The advance brings the Iran-aligned Houthis within close proximity of the strait, a critical chokepoint for international trade. If the rebels gain full control, it could further disrupt global oil supplies and grant their backer, Iran, a significant strategic advantage in its ongoing war with the United States. Saudi Arabia, the world's largest oil exporter, has increasingly relied on the Red Sea route since the conflict effectively closed the Strait of Hormuz months ago. The Yemeni government's internationally recognized forces have withdrawn from Perim. In response, a government military spokesman announced plans for a counteroffensive to retake the captured areas, urging civilians to avoid key routes.

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