Houthi forces seized Yemen’s entire Red Sea coastline, the port of Mokha, the Hanish Islands, and Perim Island in mid-September 2026, securing positions on both shores of the Bab el-Mandeb Strait and enabling potential enforcement of their July-declared blockade on Saudi-linked vessels. Shipping traffic has fallen 40-60% from pre-crisis levels, with daily transits often around 15 vessels or fewer amid heightened war-risk premiums and rerouting via the Cape of Good Hope, though volumes remain above the “effectively closed” threshold tracked by metrics such as IMF PortWatch arrivals. Ongoing clashes with Yemeni government forces near the strait, a UN Security Council warning on volatility, and selective carrier resumptions of Suez routings continue to shape trader assessments of near-term disruption risks through year-end.
Tóm tắt AI thử nghiệm tham chiếu dữ liệu Polymarket. Đây không phải tư vấn giao dịch và không ảnh hưởng đến cách thị trường này được giải quyết. · Cập nhậtStrait 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.
Strait 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.

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