Houthi fighters seize key port city in Yemen, disrupting shipping and sending oil prices soaring.

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

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

Houthi militants seized Yemen's Mocha port, threatening vital global energy supplies. This escalation occurs as Iran and the United States engage in tit-for-tat attacks. …