After closing the Strait of Hormuz, Tehran on Wednesday threatened to shut additional energy export routes including the Bab el-Mandeb gateway to the Red Sea, a major global shipping route through which…

Iran closes the Strait of Hormuz, disrupting global oil supply. Traffic returning to normal by August 31 at 16.5% YES.

Iran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital energy supplies through the Red Sea.…