ANALYSIS | After Hormuz, Iran turns to Red Sea gateway as new pressure point

If Iran closed the vital straits of Hormuz and Bab el-Mandeb, ‘oil prices would skyrocket to $200 a barrel’

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Jul 14, 2026 - 17:13
ANALYSIS | After Hormuz, Iran turns to Red Sea gateway as new pressure point
If Iran closed the vital straits of Hormuz and Bab el-Mandeb, ‘oil prices would skyrocket to $200 a barrel’
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