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Iranian Official Suggests Yemen’s Houthis Could Close Bab el-Mandeb Strait If US Launches Ground Attacks

An Iranian official on Wednesday suggested that Yemen’s Houthis, officially known as Ansar Allah, could close the Bab el-Mandeb Strait, which connects the Gulf of Aden and the Red Sea, if the US launches ground operations against Iran. So far, the Houthis, who govern an area of Yemen where most of the population lives, have […]
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Jun 17, 2026 / Tyler Durden
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Tesla Design Chief Says EV Supercar Roadster Is Coming "In A Few Weeks"
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Apr 6, 2026 / Tyler Durden
UBS: Trump's Historic Military Budget Request Could Boost Beaten-Down Defense Stocks
UBS: Trump's Historic Military Budget Request Could Boost Beaten-Down Defense Stocks U.S. defense stocks showed signs of stabilizing in April after tumbling since Operation Epic Fury began in late February and sustaining a Mach bloodbath. The improvement followed Friday's White House proposal to lift military spending sharply, to roughly $1.5 trillion in 2027.  UBS analyst Allyson Gordon said Monday morning that the White House budget request "should help sentiment," which has deteriorated since the U.S.-Iran conflict began. Last week, Gordon asked, "Why is U.S. defense performance lackluster?" Earlier, the analyst said: Defense...
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