Iran threatens Bab al-Mandeb closure: How would that affect world trade?
Al Jazeera
If the chokepoint were shut, along with the Strait of Hormuz, a quarter of the world’s energy and a giant chunk of Asia’s exports to Europe would be blocked.
A top adviser to Supreme Leader Mojtaba Khamenei has threatened that Iranian allies could shut the Bab al-Mandeb shipping route as Tehran has effectively done with the Strait of Hormuz.
The Bab-al-Mandeb connects the Red Sea to the Gulf of Aden and is a crucial waterway for global oil trade. Its importance has increased since Iran’s effective closure of the Strait of Hormuz – through which 20 percent of the world’s oil and gas is shipped in peacetime.
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