Houthis Capture Strategic Island, Escalating Iran War

Yemen's Iranian-backed Houthi rebels have captured a strategic island at the southern entrance to the Red Sea, according to officials. This move opens up a new front in the Iran war and threatens Saudi oil exports through one of the world's key shipping lanes.

The Houthis' biggest territorial gains in years are along the Bab el-Mandeb Strait, which could boost Iran's strategy of driving up world oil and gas prices to pressure the United States.