WorldYemen Says It Retook Mocha Port as Hormuz Oil Transits Rise

Yemen says its forces have recaptured the strategic Red Sea port of Mocha as the military begins a broader campaign to seize territory. Oil markets remain under scrutiny after the G7 released up to 100 million barrels of emergency oil and diesel. Saudi Arabia’s East-West pipeline is operating normally, Kuwait’s output has recovered to 75% of prewar levels, and Iraq is seeking more tankers for shipments through the Strait of Hormuz.