The Bab al-Mandeb Strait was captured by Yemeni fighters, IRIB reports; "According to a Tasnim correspondent in Sanaa, with the fall of the al-Ardi area and the entry of the Yemeni armed forces into the area, Bab Al-Mandeb is under control"
[MARKET ANALYSIS] Crude gives back some of this weeks gains whilst Iran and Paksitan discuss de-escalation on all fronts
ECB's Kocher says that it is too early to say anything about the next ECB decision
The Bab al-Mandeb Strait was captured by Yemeni fighters, IRIB reports; "According to a Tasnim correspondent in Sanaa, with the fall of the al-Ardi area and the entry of the Yemeni armed forces into the area, Bab Al-Mandeb is under control"
Houthis captured the port city of Dhabab along the Bab al-Mandab Strait, Yemeni government sources report
"The prospect of a GBP 1bln bidding war for London-listed Gamma Communications (GAMA LN) is receding", Sky's Kleinman reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Claims of this kind around the Bab el-Mandeb have circulated repeatedly through the Yemen conflict, and the sourcing here is itself part of the story: Iranian state-linked outlets have a track record of amplifying Houthi-aligned battlefield claims that later prove exaggerated or contested, so confirmation from independent or coalition channels has historically been the trigger for durable repricing rather than the initial headline. The mechanism that matters is not territorial control of the coastline but maritime denial: in past episodes the shipping channel repriced on the credible threat of attacks on transiting vessels, which widened war-risk insurance premia, pushed freight rates higher and rerouted tankers and container traffic around the Cape of Good Hope, adding transit time rather than removing supply. The distinction worth drawing is between a propaganda claim of control and evidence of actual interdiction capability being exercised, since the strait has been harassed before without being closed. Follow-ons that have mattered in comparable episodes are confirmation or denial from maritime security bodies and Western naval commands, any fresh vessel incidents, insurer repricing, and carrier announcements of suspension or rerouting. Crude and product tanker markets, European gas and container equities are the established transmission points, and prior episodes have tended to fade where the claim is not backed by kinetic follow-through.
Related headlines
- IEA OMR: 2026 world oil demand to fall by 2.5mln BPD (vs prev. forecast of a 1.6mln BPD fall), citing impasse in US-Iran talks on resolving their conflict.1 hour ago
- Al Jazeera reports the entirety of Yemen’s Red Sea coastline is now under Houthi control1 hour ago
- Iran’s Foreign Minister and Pakistan’s Army Chief reportedly discussed ways to restore diplomatic efforts to de-escalate the conflict on all fronts, sources say3 hours ago
- Saudi Crown Prince MBS called President Trump twice on Thursday, urging him to launch strikes against Houthis, but Trump declined and US officials stressed the administration has no plans to intervene directly against the Houthis for now, Axios reports5 hours ago
- US President Trump says Iran war could end before the election and not a chance the Iran war will last through rest of his term6 hours ago
- US President Trump says Iran has some missiles, but most were knocked out10 hours ago
- Satellite imagery captures fumes of smoke rising from Saudi Arabia's east-west oil pipeline, following an alleged strike by Yemen Houthis, according to Press TV11 hours ago
- Houthis launch missile attack on southern Saudi Arabia, IRNA reports13 hours ago
- Iran and Saudi foreign ministers hold phone call; parties discussed the escalation of tensions and increasing insecurity in the region, emphasized the need for continued cooperation and diplomatic efforts14 hours ago
- Hezbollah tunnels beneath the Ali Taher Ridge in southern Lebanon were just blown up by the IDF moments ago, reports Times of Israel's Fabian15 hours ago
- The IDF is preparing to blow up the tunnels in the Ali Taher Ridge tonight, reports i24's Stein15 hours ago
- "Two airstrikes target the port of Mocha, causing a fire", Al Hadath reports40 min ago
- Yemeni government forces have reportedly withdrawn from Perim Island in the Bab al-Mandeb strait, according to sources1 hour ago
- [MARKET ANALYSIS] Crude gives back some of this weeks gains whilst Iran and Paksitan discuss de-escalation on all fronts1 hour ago
- ECB's Kocher says that it is too early to say anything about the next ECB decision 1 hour ago
- Houthis captured the port city of Dhabab along the Bab al-Mandab Strait, Yemeni government sources report1 hour ago
- Gulf states are reportedly mulling talks with Iran over the Strait of Hormuz, Bloomberg reports; Oman is seeking a meeting of GCC and the Iranian Foreign Ministers1 hour ago
- Iranian President Pezeshkian says "I do not support the continuation of the war, and we must withstand the coming circumstances so that we do not have to negotiate with the enemy under other conditions", Al Jazeera reports2 hours ago
- ECB's Nagel says it is too early to speculate on rate hikes, CNBC interview; recent rate hike is a clear commitment on inflation3 hours ago
- ECB’s Moulin says France is not in economic danger, heatwaves cost the economy 0.1ppts of growth, and the economy will restart at a moderate pace3 hours ago
The whole workspace, free to try.
Try it free