1 of 1
Story summary
- The entry of Yemen's Iran-aligned Houthi rebels into the Middle East conflict raises concerns about the Bab al-Mandeb Strait, a crucial global shipping route.
- The Houthis launched missile attacks on Israel, threatening disruption of maritime traffic.
- Analysts warn that blocking Bab al-Mandeb would raise shipping costs, spike oil prices, and disrupt global supply chains.
- Iran's control over the Strait of Hormuz already limits oil exports, exacerbating potential worldwide economic consequences.
