Yemen tells UN that Houthi rebels' moves on key strait threaten global economy

The Houthi rebels seized Yemen's Red Sea coast from pro-government forces in less than 48 hours, with Iranian Revolutionary Guard advisers directing the operation, according to sources familiar with the offensive. The advance has displaced more than 100,000 people and opened a new front in the broader U.S.-Iran conflict. Yemen's government has warned the UN that Houthi control of the strategic strait threatens global economic interests.