Mohammad Al-Basha

With no breakthrough in sight on ending the war launched by the US and Israel on Iran on February 28, Tehran is making adjustments to export oil and import essential goods

In recent days, the conflict has moved into the rugged highlands overlooking the approaches to Bab al-Mandeb, one of the world’s most important shipping routes

During the discussions, Saudi Crown Prince Mohammed bin Salman urged him to intervene

A fresh maritime security incident has been reported off Yemen near Aden after an oil tanker was reportedly chased by an unidentified boat

Saudi pipeline shutdown and Red Sea threats raise risk of supply crunch

His remarks came just as Houthi forces had completed their takeover of the coastal town of Dhubab and Perim (Mayyun) Island, which divides the Bab al-Mandeb strait into two shipping channels, after seizing the strategic port of Mocha

But while Houthi forces have successfully pushed into coastal territories, seizing the Greater and Lesser Hanish islands and Mayyun Island, retaining these gains presents a deeply complex challenge

Brent rose by more than 3%, trading at close to its highest level since May

He gave no details on casualties or damage

Brent above $100 as Hormuz squeeze and Iran-backed Houthi gains threaten vital oil routes

Iran war raises stakes as militantstarget Saudi oil sites and push towards Bab Al Mandab

The latest clashes followed a Houthi ground offensive accompanied by rocket and drone attacks near coastal areas

The renewed strikes marked the first U.S. attacks inside Iran since President Donald Trump paused the bombing campaign Friday after 13 consecutive nights to allow diplomacy another chance

Melik Kaylan covered global geostrategic conflicts for three decades

Melik Kaylan covered global geostrategic conflicts for three decades

Mourners carry two coffins draped in the Iraqi flag through a crowd

Iran’s Foreign Minister Abbas Araghchi on July 24 condemned U.S. President Donald Trump’s pledge to use frozen Iranian assets to cover potential damage to ships and cargo in the Strait of Hormuz from military strikes

The United States launched a fresh wave of strikes on Iranian military targets early Friday, July 24, marking the 13th night of active combat in the region as President Donald Trump vowed to use frozen Iranian assets to pay for any damage to shipping

Iran has closed the Strait of Hormuz in a bid to orchestrate a global energy crisis

This comes after a Saudi demand to withdraw within 24 hours as tensions escalate over a sweeping offensive by Abu Dhabi-backed separatists