GeopoliticsHighConfirmedAccelerating
9.1
Egypt seeks de-escalation in Bab el-Mandeb, cites $11B Suez Canal losses
Anadolu Agency EN·EG · YE·2 days ago
Houthi forces have captured Dhubab and Perim Island, giving them control of the southern approach to the Bab el-Mandeb Strait, a chokepoint for ~12% of global trade and 8.1 million barrels of oil per day. This marks a significant escalation in their ability to disrupt Red Sea shipping, potentially threatening Suez Canal traffic. The claim is based on a single source and unverified, but if confirmed, it would represent a major strategic shift in regional maritime security.
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