Iran threatens Bab al-Mandeb closure: How would that affect world trade?
Briefly

Iran threatens Bab al-Mandeb closure: How would that affect world trade?
"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."
"Ali Akbar Velayati warned that the unified command of the Resistance front views Bab al-Mandeb as it does Hormuz, indicating a serious threat to global trade."
"Closure of Bab al-Mandeb would impact more than the ongoing war; it could compound the global energy supply crisis sparked by the conflict."
The Bab al-Mandeb shipping route is crucial for global oil trade, connecting the Red Sea to the Gulf of Aden. A threat from Iran's leadership indicates that allies could close this route, similar to the closure of the Strait of Hormuz, which affects 20% of the world's oil and gas shipments. The potential closure of Bab al-Mandeb could worsen the global energy supply crisis and economic instability. The strait's narrowness limits traffic, making it a strategic chokepoint for international trade.
Read at www.aljazeera.com
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