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The Houthi group is considering imposing fees on most commercial ships passing through the Bab al-Mandeb Strait, which could turn the passage into a toll road influenced by payments and political identity, rather than maintaining it as a safe route compliant with international law. This potential move could lead to higher shipping costs and delays in oil shipments, especially amid rising global oil prices and declining U.S. crude inventories. If this plan is implemented, shipping companies will face expensive options such as paying unrecognized fees, bearing extraordinary insurance premiums, or rerouting around Africa, all of which pose significant threats to global shipping and energy stability.
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