Geopolitics: Iran-backed Houthis have captured a crucial port in Yemen and are advancing towards another important oil chokepoint.
The recent advance heightens risks for shipping around the Bab el-Mandeb Strait, a crucial link between the Red Sea and Gulf of Aden that facilitates global trade. Stay tuned for updates on this vital waterway! 🌊🚢 #ShippingNews #GlobalTrade
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