Houthis Gain Ground in Yemen, Escalating Risk for Saudi Oil Exports

The Saudi-led coalition in Yemen faces a difficult decision as Houthi forces continue to gain ground along the Red Sea coast. The Iran-backed Houthis have pushed south towards the Bab el-Mandeb Strait, securing key areas around Mokha and Mayunn Island.

This advance comes as the Houthis launch missile and drone attacks on Saudi Arabia, forcing it to halt some energy sites. The kingdom's reliance on oil exports through this route has become increasingly important, making the situation more pressing.