Houthis intensify attack to seize Yemen's Perim Island
Iran-backed Houthi rebels have stepped up attacks to capture Yemen's Perim Island. Located in the Bab al-Mandab Strait, the island is a gateway to the Red Sea shipping route, threatening global maritime trade and crude oil supplies. A missile attack on Mocha port in August killed 16 people, and analysts say global oil prices could rise further.