Yemeni Army Launches Major Offensive to Reclaim Territory from Houthi Rebels
Key Facts
The Yemeni army has launched operations to retake territories captured by Iran-backed Houthi rebels. The Financial Times reported that the offensive is supported by the Saudi-backed government amid an escalating regional conflict. The military push aims to reclaim strategic maritime and land corridors, including areas situated near the Bab al-Mandeb strait.
The escalation near Bab al-Mandeb increases risks to global shipping and oil transit, potentially driving volatility in energy markets. Regarding energy-related data, the API Crude Oil Stock Change reported on September 29, 2026, showed an increase of 1.019 million barrels, following a previous build of 1.786 million barrels.
Latest Updates · 1
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Update: Houthi forces have seized the residence of Yemen's Parliament Speaker Sultan al-Barakani in Taiz. Additionally, the group has severed the critical supply route between Taiz and Aden, marking a significant tactical escalation in the ongoing conflict.