How global trade and oil prices could be hit by Houthi advance

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Source: BBC News
Published: 2026-09-12 02:13 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Europe, Iran, Energy, Elections, Trade & Sanctions, World News, Business & Economy, Asia Pacific
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Snippet:
Fighters from the Iran-backed Houthi group have seized territory close to the Bab al-Mandab Strait in the Red Sea - a key trade gateway that links Asia and Europe.
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