Iran-backed Houthi rebels have captured Perim Island in the Bab el-Mandeb Strait, a critical chokepoint in the Red Sea through which major oil shipments pass. The seizure threatens global energy supplies and could disrupt imports to Europe, raising concerns about oil prices and geopolitical stability in the region.
Byte's takeEurope's energy lifeline just got squeezed by a non-state actor with an Iranian patron.