Iran Threatens to Close Hormuz and Bab el-Mandeb Simultaneously: Oil Markets Face Unprecedented Dual Chokepoint Risk
In a sharp escalation reported today, Iran has signaled its willingness to simultaneously blockade the Strait of Hormuz and the Bab el-Mandeb Strait. According to Iran’s state outlet Tasnim, Tehran is halting indirect talks with the United States amid tensions over Lebanon and is preparing to “completely block” the Strait of Hormuz while activating other […]
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