Iran Eyes Bab-el-Mandeb After Hormuz Shipping Disruption
Iran, amid its blockade of the Strait of Hormuz, signaled plans to extend its maritime strategy to the Bab-el-Mandeb Strait, raising concerns over global trade and energy supply. The hint from the Iranian Parliament speaker Mohammad Bagher Ghalibaf come as maritime traffic through Hormuz remains halted on Iran sparked a war, contributing to tighter global markets.