Yemeni Army Launches Major Offensive to Reclaim Territory from Houthi Rebels

Key Facts

1The Yemeni army has launched operations to retake territories captured by Iran-backed Houthi rebels.

2The offensive is supported by the Saudi-backed government amid escalating regional conflict.

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.