Bab al-Mandeb crisis threatens global oil, shipping
<p>The Bab al-Mandeb Strait is emerging as a new flashpoint for global oil and shipping markets as Iran-backed Houthi forces intensify threats to maritime traffic and tighten their grip over territory surrounding the strategic waterway. Located between Yemen and Djibouti at the entrance to the Red Sea, the narrow strait has gained renewed importance following …</p> <p>The post <a href="https://timeskuwait.com/bab-al-mandeb-crisis-threatens-global-oil-shipping/">Bab al-Mandeb crisis threatens global oil, shipping</a> appeared first on <a href="https://timeskuwait.com">Times Kuwait</a>.</p>
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