The Houthis in Yemen have announced they will enter the conflict on Iran's side
if any alliances join the US and Israel. Their focus is on the Bab el-Mandeb
Strait, which they could potentially blockade, disrupting global trade. While
less critical than the Strait of Hormuz, this would force longer routes for
Saudi oil. The escalation has pushed WTI crude above $100, with gasoline and
diesel prices already spiking amid rising global uncertainty.