Energy Agency Warns of Bab al-Mandeb Risks
The International Energy Agency mentioned that threats in the Bab el-Mandeb Strait are raising increasing concerns about the stability of global oil supplies, especially as tensions in the region escalate. The strait, which facilitates the passage of approximately 4 million barrels per day, is one of the most critical strategic waterways. The rising risks could disrupt shipping routes and lead to higher oil prices worldwide.
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