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Houthi control of the Bab Al-Mandab strait poses a new threat to the global economy

The control by Iranian-allied rebels of the strait between Africa and the Arabian peninsula, a mandatory passage on the shortest sea route connecting Asia to Europe, is feared to lead to an increase in oil prices and maritime transport costs.

Translated from French Read in French

Houthi control of the Bab Al-Mandab strait poses a new threat to the global economy

We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

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