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Yemen

Yemen: The Houthis’ Role in the Next Evolution of the Axis of Resistance
  • Analysis
  • Yemen: The Houthis’ Role in the Next Evolution of the Axis of Resistance

    The outbreak of the war with Iran demonstrated the strategic value of maritime chokepoints in the Islamic Republic’s confrontation with the United States. But as Tehran’s strategy of using the Strait of Hormuz to pressure Washington seems to be backfiring, Iran is working with the Houthis to strengthen its leverage over another strategic chokepoint: the Bab el-Mandeb. The recent escalation in Yemen should be viewed within this context.

    How Far Can the Houthis Go?
  • Podcast
  • How Far Can the Houthis Go?

    Over the past several weeks, the Houthis have seized the port city of Mokha, Yemen’s western coastline, and several islands in the Bab el-Mandeb Strait, and they are now massing around Marib and Taiz in the first major frontline shift since 2022. MEI Associate Fellow Nadwa Al-Dawsari joins host Matthew Czekaj to unpack the latest developments. Together, they discuss what has allowed the Houthis to advance against Yemeni government forces, the role the militant group plays in Iran’s regional strategy, and what it will take to contain the threat.

    September 17, 2026

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    Currency Conundrums in the Gulf
  • Analysis
  • Currency Conundrums in the Gulf

    Originally posted January 2008

    “In the past week Iran’s president, Mahmud Ahmadinejad, has damned it as a ‘worthless piece of paper’ and China’s premier, Wen Jiabao, has moaned that it is causing his country ‘big pressure’. The dollar’s relentless decline—it hit a new low of $1.49 against the euro on November 21st—is prompting jibes from America’s critics, jangling investors’ nerves and giving policymakers headaches.”[1]

    January 1, 2008

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