BIG: Yemen's Houthis are considering imposing transit fees on commercial ships passing through the Bab el-Mandeb strait, with Chinese vessels expected to be exempt.

INTELLIGENCE SUMMARY

BIG: Yemen's Houthis are considering imposing transit fees on commercial ships passing through the Bab el-Mandeb strait, with Chinese vessels expected to be exempt. The proposal reportedly emerged after discussions with Iranian officials and comes days after the group announced a naval blockade targeting Saudi Arabia. If implemented, the fees would add another layer of disruption to one of the world's busiest shipping routes, increasing pressure on global trade and energy markets. Source: Reu