Houthi fighters reached Perim Island which divides the Bab el-Mandeb into two shipping lanes after government forces withdrew, completing the group's takeover of the strait. Together with Iran's Hormuz blockade, this puts roughly a third of the world's seaborne trade under hostile control.

Together with Hormuz, this is now a third of global shipping traffic blocked, according to the article. On the plus side, conservative governments will be forced to invest into renewables even more now, because much of our LNG is also going through there. To everyone who still has gas heating at home, brace yourselves.