Houthi Advance Threatens Global Trade | Dubai News

Houthi forces are advancing toward the Bab Al Mandeb Strait, capturing the strategic island of Perim and tightening control over a vital shipping lane linking the Red Sea to the Gulf of Aden—adding fresh pressure to global trade already strained by disruptions in the Strait of Hormuz. This dual chokepoint threat is fueling oil prices above $100 a barrel, while Iran’s missile strike on a U.S. aircraft in Jordan—though causing no casualties—has drawn strong condemnation from the UAE and heightened regional tensions. As diplomatic talks loom and U.S. President Trump warns the conflict may drag on for weeks, markets brace for prolonged instability. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/469264669fce58af