The Houthi lightning advance along the Red Sea coast has triggered a blame game described as "a blunder of epic proportions." The Houthis have significantly expanded their territorial presence in this strategic region.
Iran maintains control of the Strait of Hormuz while strengthening its dominance over the Bab el-Mandeb strait. This strategic position allows Tehran to exert significant pressure on international maritime routes.
The situation represents a real threat of oil price increases. A barrel of Brent currently remains above $100, which worsens global economic concerns.
The timing is particularly sensitive, given that the US midterm elections take place in November, which adds political pressure to the international response to this regional crisis.
