Iran-backed Houthis capture Red Sea port, putting more pressure on oil markets

Business

Iran-Backed Houthis Capture Red Sea Port, Putting More Pressure On Oil Markets

By PBS

Geoff Bennett: Yemen appears to be sliding back toward all-out war after Houthi rebels backed by Iran seized the key port city of Mokha from allies of the internationally recognized government. Mokha sits on the Bab al-Mandab, a critical shipping cho ...Read more