New Iran front looms over oil as Red Sea chokepoint teeters

1 min read
Source: CNN
New Iran front looms over oil as Red Sea chokepoint teeters
Photo: CNN
TL;DR Summary

A potential Houthi blockade of Bab al-Mandeb could open a new front in the Iran war, threatening a vital oil chokepoint and pushing crude prices higher as flows are diverted or halted, even as Saudi reroutes via Yanbu and Hormuz remains a flashpoint.

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