Houthi forces took control of Mokha on September 9-10, 2026, seizing the Red Sea port city after pro-government troops withdrew under intense pressure. It is the first time the Iran-aligned movement has held Mokha since early 2017, and the timing could not be more consequential.

Brent crude climbed above $105 per barrel in the immediate aftermath, a number that tells you everything about how energy markets read the situation.

Why Mokha matters more than its name suggests

Mokha sits roughly 50 to 80 kilometers north of the Bab al-Mandab Strait, the narrow waterway connecting the Red Sea to the Gulf of Aden and, beyond that, the Indian Ocean. About 12% of global trade moves through that corridor, including a significant share of the world’s oil shipments.

With Mokha under their belt, Houthi forces now occupy a coastal position from which they can monitor commercial shipping lanes and, based on their track record, potentially strike them. Analysts have called this capture a significant turning point for maritime security in the region.