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Osama Saeed Warns of Regional Expansion and Strait Closures Impacting Global Economy
Reports indicate that the war in the Middle East is heading toward an expansion, as Iran attempts to push the Houthis to escalate the crisis by threatening navigation through the Strait of Hormuz and the Bab el-Mandeb. Closing these two straits, which are among the most important international trade routes, could lead to significant disruptions in energy supplies and a deterioration of the global economy, especially given the reliance of trade movements on these passages. Additionally, pressures from the United States on Iran may intensify to prevent the worsening of the crisis, while the region and the world fear the repercussions of the escalation of the conflict.
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