
Bab al-Mandeb Strait Tensions: Global Oil Shipments at Risk
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Tensions escalate in the Bab al-Mandeb Strait, a critical chokepoint for global oil and cargo, as Iran eyes this southern route and Houthi rebels in Yemen pose a threat. Disruptions could skyrocket oil prices, disrupt supply chains, and potentially cut energy use back to pandemic levels. Experts warn of a potential global economic squeeze if this situation worsens.
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