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Yemen Conflict Escalates with Key Port City Reclaim

Updated 2026-10-06 09:10 UTC 1 source Negative

Yemeni forces have reclaimed a key Red Sea port city from Iran-backed Houthis in a significant counteroffensive. This move could impact oil markets and regional stability, as tensions remain high.

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CNBC

Yemen forces reclaim key Red Sea port city from Iran-backed Houthis in major counteroffensive

Oil markets remain on edge over potential Middle East supply disruptions, with Brent trading around $100 a barrel as the risk of further escalation persists.

2026-10-06 08:53 UTC