Houthi forces advance in Yemen, complicating Gulf states' strategies. U.S. charges in Hormuz by December 31, 2026 at 6.8% YES.

Iran-aligned Houthis advance along the Yemeni coast as Iranian strikes damage multiple US military aircraft in an escalation on two fronts of the war.

The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.

Houthi gains in Yemen complicate U.S. interests. U.S.-Iran agreement by September 15 at 2.2% YES.

A Houthi advance along Yemens coast and seizure of Perim island have increased the groups ability to threaten the Bab el-Mandeb Strait, raising the prospect of disruption to…