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Houthi Capture of Mayyun Island Strengthens Iran's Hand, Experts Warn of Global Inflationary Shock

The Iran-backed Houthis have seized Mayyun island, a strategic chokepoint in the Bab al-Mandab Strait, giving Tehran new leverage over global shipping and threatening a supply shock that could push inflation higher worldwide.

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The Iran-backed Houthis have seized Mayyun island, a strategic chokepoint in the Bab al-Mandab Strait, giving Tehran new leverage over global shipping and threatening a supply shock that could push inflation higher worldwide.

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