GLOBAL TRADE JUST GOT A DIRECT WAR WARNING.
Iran says the Bab al-Mandab Strait is now fully closed following Israeli strikes.
Roughly 12% of global trade moves through this chokepoint.
This is no longer just a regional conflict. This is a direct threat to the arteries of the global economy.
Oil. Shipping. Supply chains. Inflation. Every market on Earth is now watching one narrow strip of water.
If disruptions escalate, energy prices could explode overnight and global trade routes may be forced into chaos around Africa, adding massive costs and delays.
The market spent months pricing in “contained tensions.” Now the map itself is becoming the weapon.
One chokepoint can change the entire macro landscape in days.