GeopoliticsIMPORTANT
The Bab al-Mandeb Strait was captured by Yemeni fighters, IRIB reports; "According to a Tasnim correspondent in Sanaa, with the fall of the al-Ardi area and the entry of the Yemeni armed forces into the area, Bab Al-Mandeb is under control"
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IRIB reported Yemeni fighters captured the Bab al-Mandeb Strait, intensifying regional chokepoint risks, escalating shipping costs, and lifting Brent crude oil prices above $101 per barrel.
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