Iran has signalled that it could expand pressure beyond the Strait of Hormuz to another of the world's most critical maritime chokepoints, the Bab el-Mandeb Strait at the southern entrance to the Red Sea. The warning comes as disruptions in Hormuz continue to strain global energy markets and shipping.

Houthis closed the Bab el-Mandeb Strait, threatening 60% of Middle East oil exports. Closure by September 30 at 17.5% YES.

Iran shifts focus to the Red Sea, leveraging Houthi rebels amid US tensions. Strait of Hormuz traffic returns to normal by August 31 at 12.5% 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.…