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Iran's Potential Closure of Bab el-Mandeb Strait Threatens Global Oil Prices and Trade
Photo: TimesLIVE
2026-07-14 20:54   Geopolitics   13

Iran's Potential Closure of Bab el-Mandeb Strait Threatens Global Oil Prices and Trade

The article discusses Iran's strategic move to leverage Yemen's Houthi allies to threaten the Bab el-Mandeb Strait, a critical waterway for global oil exports and shipping.

Analysts warn that closing this strait could escalate tensions with the US and further disrupt global energy markets, potentially pushing oil prices to $200 per barrel.

The situation follows Iran's earlier disruption of shipping through the Strait of Hormuz, with Tehran aiming to widen the conflict by targeting another vital chokepoint.

Senior Yemeni officials and Houthi leaders have warned that continued attacks on Yemen by Saudi Arabia could lead to the closure of Bab el-Mandeb, compounding economic shocks from Hormuz.Experts highlight the risk of a slow 'mission creep' in the conflict, where both sides raise stakes without direct confrontation.The article emphasizes the potential consequences for regional stability and the need for diplomatic resolution to prevent a broader escalation.

It also notes the Houthi group's capability to disrupt shipping in the Red Sea, with warnings of a potential military response from the US and its allies if tensions escalate further.

Full reading at TimesLIVE

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