113 Days
Source:
وكالة صدى نيوز
Source: وكالة صدى نيوز
113 Daysوكالة صدى نيوز
Source: وكالة صدى نيوز
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Tensions and threats are escalating between regional and international parties in the Strait of Hormuz and the Bab el-Mandeb Strait. The Houthis announced their intention to target Sana'a Airport, while Saudi Arabia confirmed that it carried out airstrikes on the airport. Meanwhile, U.S. President Trump announced the re-imposition of a naval blockade on Iran and the imposition of restrictions on its ships in the Strait of Hormuz. This comes amid warnings that closing the Bab el-Mandeb or the Strait of Hormuz could lead to a global transportation crisis, with direct impacts on oil flows and international trade, as about 12-15% of global trade passes through these straits. The value of shipments passing through them is estimated at around $700 billion annually. Any disruption or threat to close them could increase transportation costs, disrupt international supply chains, and pose a significant threat to the global economy.
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