Strategic port near Bab Al Mandeb strait fell after days of fighting with pro-government forces

The Houthis launched a large-scale offensive last week against Yemeni government forces backed by Saudi Arabia.

Asian stocks fell and Brent oil held gains a day after breaking the $100 barrier on the back of resurgent Middle East hostilities that have fanned inflation fears

Meanwhile, Saudi Arabia issues alerts warning of Houthi missile and drone attacks