NEW FLASH POINT IN THE IRAN WAR: HOUthis SEIZE CRUCIAL STRAIT, GLOBAL ENERGY SUPPLIES AT STAKE!
Can you believe that a single strait, the Bab el-Mandeb, controls 7% of global energy supplies and 12% to 15% of global shipping? This vital waterway has become a new flash point in the US-Israeli war on Iran, with the Houthis, backed by Iran, ousting government forces and gaining control of the strait. The Houthis' victory has significant implications for global commerce, as any disruption in the strait could force freighters to circumnavigate the African continent, adding 12 to 21 days to voyages and spiking fuel costs. The situation has sparked a heated debate between Saudi Arabia, the US, and the Houthis, with each side vying for control. The Houthis have vowed not to attack shipping on the Red Sea, but their intentions remain unclear. With tensions running high, it's unclear what the future holds for this critical waterway. Will the Houthis continue to consolidate their gains, or will Saudi Arabia and the US launch a counterattack? One thing is certain: the fate of the Bab el-Mandeb Strait will have far-reaching consequences for global energy supplies and the world economy. Don't miss this developing story. And to stay up-to-date on the latest news, be sure to subscribe to our channel.
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