Iran’s Houthis seize key Red Sea port as $100 oil threatens global economy

The Iran-backed Houthis have seized the strategic Red Sea port city of al-Mokha - apparently at the direction of the IRGC - as fighting in Yemen and Saudi Arabia escalates.  On today’s episode of Iran: the Latest, Sophia Yan speaks to Jerusalem correspondent Henry Bodkin about the pressure the war is putting on the Bab al-Mandeb and Strait of Hormuz as oil prices pass the $100/barrel threshold for a second day. US President Donald Trump is clearly feeling the pressure, claiming the war will end following November’s midterm elections, and promising $5,000 cash payouts if Republicans retain Congress.Plus, news that Iranian missile strikes damaged multiple US F-15 fighter jets in Jordan, Israeli leader Benjamin Netanyahu denies being warned about Hamas’s October 7 attack by the UAE, and MSF’S Charlene Silvin shares her first-hand experiences of wartime destruction in south Lebanon. HighlightsIran’s Houthis seize key Red Sea port as $100 oil threatens global economyMSF’S Charlene Silvin on wartime destruction in south LebanonCONTRIBUTORS:Sophia Yan, senior foreign correspondent, @sophia_yanHenry Bodkin, Jerusalem correspondent @HenryBodkinCharlene Silvin, MSF Project Coordinator in LebanonWATCH US ON YOUTUBE: https://www.youtube.com/playlist?list=PLJnf_DDTfIVAif-vifC6F2aoPB8GIw6dkCONTENT REFERENCED:Trump: I’ll give $5,000 to every American if we win midtermshttps://www.telegraph.co.uk/us/politics/2026/09/10/trump-convention-speech-promise-5000-dollars-midterms-win/Revealed: Netanyahu Received an Explicit Warning Days Before Oct. 7. He Didn't Brief Israel's Security Chiefshttps://www.haaretz.com/israel-news/israel-security/2026-09-08/ty-article-magazine/.highlight/netanyahu-got-an-explicit-warning-before-oct-7-he-didnt-brief-security-chiefs/000001a0-7a3b-d7d5-a9fc-7eff3d0f0000Winner Best News and Analysis Podcast - Publisher Podcast Awards 2026Nominated Podcast of the Year - Society of Editors News Podcasts Awards 2026Nominated Best News, Politics and Current Affairs - British Podcast Awards 2026The Telegraph, Winner Podcast Publisher of the Year 2026 - Publisher Podcast Awards 2026Audio Producer: Peter Shevlin Video Producer: Max BowerResearcher and Social Producer: Lucy HadlowExecutive Producer: Venetia Rainey ► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditor► EMAIL US: Contact the team on battlelines@telegraph.co.uk► GET THE LATEST HEADLINES: Find all our latest Iran coverage here: https://www.telegraph.co.uk/iran-war/ Hosted on Acast. See acast.com/privacy for more information.