Houthis advance on Marib and Taiz, escalating conflict. U.S.-Iran Hormuz agreement by September 15 at 2.1% YES.

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.

The Houthi takeovers of Mokha, Dhubab and Perim in the Bab el-Mandeb Strait threaten to push Yemen deeper into the Middle East war. The Iran-backed group has made advances against…