The Economic Times

How the Iran-backed Houthis' claims of deadly attacks are stoking fears of a wider regional conflict

Yemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concerns about wider escalation. The attacks targeted civilians and troops, and also impacted Red Sea shipping. Shipping data shows fewer tankers passing through the Bab el-Mandeb Strait recently. This disruption affects global trade and the oil supply chain.