Yemen Houthi rebels launched ballistic missiles at Israeli military sites while threatening to block the Bab el-Mandeb Strait after Iran effectively closed the Strait of Hormuz.Abdul-Malik al-Houthi aims to replicate the Iranian toll system which charges ships up to 1.5 million pounds per passage to navigate critical global energy corridors.Oil prices rose to three-year highs with Brent at 112 dollars as
Donald Trump extended a negotiation deadline for the ongoing conflict with Tehran.