Houthis seize strategic Yemeni port; ECB raises rates, and more

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  Houthi rebels seized Mocha, a strategic point in western Yemen, as fighting with Saudi-backed forces intensified.

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  Its capture gives the Iran-backed militia greater leverage over the Bab al-Mandab Strait,

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  which connects the Red Sea with the Gulf of Aden.

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  The waterway has become particularly important for oil exports

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