WorldBab el-Mandeb: Could Houthi threats trigger a Red Sea shipping crisis?
About 12% of the world’s seaborne oil trade passes through the Bab el-Mandeb Strait. With the Strait of Hormuz effectively closed, Iran’s allies are threatening to blockade the Middle East’s second key maritime route. Such a move could further disrupt global trade and intensify the crisis facing shipping in the Red Sea.
Bab el-Mandeb: Could Houthi threats trigger a Red Sea shipping crisis?
World