Oil transit through Hormuz and Bab el-Mandeb disrupted by Iran war, Houthi attacks

Maritime oil flows through the Strait of Hormuz and Bab el-Mandeb are blocked or severely disrupted due to the ongoing war in Iran and Houthi attacks. The extent of the disruption and its impact on global supply remain unclear, but the closure of these chokepoints threatens a significant portion of global energy trade.