Renewed Houthi attacks threaten the Bab el-Mandeb, raising fears of wider shipping disruption, higher costs and fresh pressure on global supply chains.

With Hormuz effectively closed and Bab Al Mandeb under Houthi threat, Saudi Arabia faces a new front that endangers Red Sea shipping and global oil flows.

The Bab el-Mandeb is a critical maritime chokepoint linking the Red Sea with the Gulf of Aden. Before the latest escalation, about 12%...