Skip to content
You can now search across every topic, entity and event.What's new
European Oil Markets
15JUN

Houthis take all of Yemen's Red Sea coast

3 min read
11:33UTC

Yemeni government officers and a Houthi official say the Houthis now hold the entire Yemeni Red Sea coastline, including Mayun island inside Bab al-Mandeb and the Hanish islands, after a week-long offensive.

EconomicDeveloping

Yemeni government military officials said the Houthis hold the entirety of Yemen's Red Sea coastline after a week-long offensive, including the Yemeni side of Bab al-Mandeb and the Greater and Lesser Hanish Islands 1. A senior officer in Yemen's internationally recognised government and a Houthi official separately confirmed the capture of Mayun, the island inside the strait, in reporting published on Saturday 12 September 2026 2. The Houthis took the port of Mocha on 10 September in the same push 3.

Bab al-Mandeb separates Yemen, on the eastern shore, from Djibouti and Eritrea on the western, and links the Red Sea to the Indian Ocean. Roughly 12 per cent of world seaborne trade moves through it 4. This week's gains drew no naval response, and Saudi Arabia announced a 43-nation maritime defence coalition covering the Red Sea, Bab al-Mandeb and the Gulf of Aden on 30 July, with thirteen founding members and no start date .

The crude that Saudi Arabia's overland pipeline delivers to the Red Sea has already stopped using this exit. Riyadh has loaded no crude for export through the strait since the Houthis declared their embargo on 23 July, sending Yanbu barrels north into the Suez Canal instead , and Egypt's Ain Sokhna terminal, the Red Sea inlet of the Suez-Mediterranean Pipeline, takes part of that rerouted volume . The drones hit the feed into Yanbu in the same week the southern exit changed hands, leaving one working route out of the Red Sea and a pipeline that is not pumping into it.

The analysts quoted by NPR read the Red Sea gains as fitting Iran's strategy of using allied pressure to keep oil and gas prices elevated 5. No source claims the two operations were coordinated, and the militias in Maysan and the Houthi forces on the coast answer to different commands.

Deep Analysis

In plain English

The Red Sea runs long and narrow, with a door at each end. The Suez Canal sits at the northern one. The southern door is Bab al-Mandeb, a strait about 30 kilometres wide between Yemen on one side and Djibouti and Eritrea on the other. The Houthis are an armed movement that controls much of northern Yemen. Yemeni government officers now say the Houthis have taken the whole of Yemen's Red Sea coastline, including the island of Mayun which sits in the middle of that southern door, and the port of Mocha. Roughly 12 per cent of everything shipped by sea travels through this strait. A single armed group now watches one entire side of it.

Deep Analysis
Root Causes

The Red Sea has two exits and no others. Ships leave north through the Suez Canal or south through Bab al-Mandeb, and a cargo that can use neither goes the long way round the Cape of Good Hope.

That geometry is what makes the southern strait worth taking. Yemen holds the eastern shore, Djibouti and Eritrea the western, and the island of Mayun sits in the passage between them.

Saudi Arabia's Red Sea export plan already lost the southern exit before the ground changed hands. Riyadh stopped loading crude for export through the strait when the Houthis declared their embargo on 23 July , which left Yanbu barrels dependent on the northern exit through Suez .

Escalation

Up. Saudi Arabia announced a 43-nation maritime coalition for this water on 30 July with no start date , and the week-long offensive drew no naval response from it.

What could happen next?
  • Consequence

    Shore-based observation and fires now cover the Yemeni side of the strait along its whole length, rather than from a handful of coastal positions.

    Immediate · Assessed
  • Risk

    A flag state routing through Bab al-Mandeb is now negotiating with a single armed group rather than with a divided coastline.

    Short term · Assessed
  • Meaning

    A 43-nation coalition announced for this water in July has still not produced a naval response to the largest territorial change on the strait in years.

    Medium term · Assessed
First Reported In

Update #178 · Saudi bypass hit, and Riyadh holds fire

Gulf News· 13 Sept 2026
Read original
Different Perspectives
Gulf oil producer
Gulf oil producer
Secured OPEC's confirmed 188,000 b/d September increment with the next meeting set for 6 September, but the Secretariat's own 2 August release says nothing about the fourth quarter. Output guidance beyond September remains undisclosed even as delegate sourcing keeps filling that gap.
Money manager positioned in WTI
Money manager positioned in WTI
Added 21,402 lots to a 108,307 net long in NYMEX WTI in the week to 28 July, against just 1,485 added to Brent's 15,740, a roughly fourteen-to-one split. Conviction sits in the American benchmark even as the European diesel story sets the record.
Indian refiner buying Urals
Indian refiner buying Urals
Bought Russian crude at a discount that narrowed to $1-2 a barrel in the week to 29 July from over $10, as Hormuz risk pushed it toward Urals. If that risk eases with the strike now called off, the discount it is currently enjoying could re-widen just as fast.
Russian diesel exporter
Russian diesel exporter
Novak tied any lifting of the diesel export ban, due to lapse 31 July, to an unspecified market recovery with no date, and pushed the gasoline ban to end-2026. An open-ended constraint suits an exporter benefiting from the record European crack it feeds.
War-risk underwriter
War-risk underwriter
Withdrew war-risk cover for Saudi-linked hulls on 24 July and has not reinstated it, holding Bab el-Mandeb tanker transits near 7.5 a day. A cancelled strike does not by itself trigger the committee review needed to re-accept the class.
Northwest European refiner
Northwest European refiner
Sources only 17% of diesel imports from Saudi Red Sea ports against the Mediterranean's 24%, so the ARA crack at $85.86 trails the Med print by $5.81. Lower Red Sea exposure is cushioning it against the rerouting cost, not eliminating it.