JUST IN: 🇮🇷 Iran says allies will close Bab al-Mandab Strait if conflict escalates, Reuters reports.

12% of world trade passes through it.

Closing Bab al-Mandab would choke the Red Sea route—12% of global trade, right alongside the Suez Canal.

If Iran's allies act on that threat, it's no longer just a Gulf crisis; it's a global shipping emergency.

Two straits, twice the pressure. OIL $CL will pumping hard 🚀

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