Iran-backed Houthi rebels seize 2 strategic islands for shipping in Red Sea

Yemen's Houthi rebels have seized the strategic islands of Greater and Lesser Hanish in the southern Red Sea, bolstering the Iran-backed rebels' ability to control a key maritime shipping route.

Meanwhile, repairs to a crucial Saudi Arabian oil pipeline that was struck in an attack last week could last three to five weeks, putting it mostly out of service, two regional officials said.

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Houthis gain ground as oil prices face more pressure --------------------------------------------------------- Houthi officials said Monday that rebels had taken over the two islands just as Saudi-backed government forces tried to claw back territory from the rebels' swift advances around the Bab el-Mandeb Strait, a crucial shipping alternative to the Strait of Hormuz.

Iran effectively closed the Strait of Hormuz -- through which a fifth of the world's traded oil and gas transits in peacetime -- in the opening days