Houthi forces’ rapid September 2026 seizure of Yemen’s southern Red Sea coast, including Mokha port, the Hanish islands, and Perim Island, has placed both shores and the narrowest section of the Bab el-Mandeb under their control. This territorial consolidation enables tighter monitoring and selective enforcement of their July-declared maritime embargo on Saudi-linked vessels while the group publicly states that other traffic may continue. Daily transits have fallen to roughly 15–24 vessels, well below pre-crisis norms, with many container operators maintaining Cape of Good Hope routing and some tankers shifting to dark operations or limited Suez passages. No international authority has declared the strait formally closed, and traffic persists at reduced volume. Traders therefore price a modest but non-negligible probability of effective closure—defined by sharp further drops in arrivals—contingent on whether Houthi capabilities translate into broader disruption or whether diplomatic or military responses restore safer passage before year-end.
Експериментальне резюме, згенероване ШІ з посиланням на дані Polymarket. Це не торгова порада і не впливає на вирішення цього ринку. · ОновленоStrait of Hormuz closed by Iran, Bab el-Mandeb under Houthi control
December 31 drops to 13%5%
Iran’s closure of the Strait of Hormuz combined with Houthi control of Bab el-Mandeb created a dual blockade scenario, severely constraining global oil exports and elevating geopolitical risk premiums in energy markets.
Strait of Hormuz remains closed by Iran; Bab el-Mandeb under Houthi control but open to non-Saudi vessels
As of September 18, Iran's closure of the Strait of Hormuz continued, while Houthis controlled Bab el-Mandeb, allowing navigation except for Saudi vessels. This selective blockade maintained transit above closure thresholds, influencing market pricing toward no full closure.

Обережно з зовнішніми посиланнями.
Обережно з зовнішніми посиланнями.
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