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Houthi Missile Strikes on Israel Threaten Global Trade

3/29/2026

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Story summary
  • Yemen's Houthi rebels launched missile strikes on Israel, signaling an escalated role in the Iran conflict.
  • They threaten a blockade of the Bab al-Mandeb Strait, through which nearly 15% of global maritime trade passes.
  • Analysts warn that closing the chokepoint could disrupt oil supplies and raise shipping costs, while the Houthis' actions align with Iran but stop short of broader regional hostilities.