Iran Threatens Closure of Bab al-Mandeb Strait: Global Trade Implications A senior Iranian official has warned that the country’s allies could block the Bab al-Mandeb shipping route, drawing parallels to the earlier closure of the Strait of Hormuz. The threat, issued by Ali Akbar Velayati—a former Iranian foreign minister and influential figure within the regime—comes amid escalating tensions between Iran and the United States. Velayati’s statement on X emphasized that the “unified command of the Resistance front” views the Bab al-Mandeb as strategically vital, akin to Hormuz, and warned that disrupting global energy and trade flows could be a direct consequence of U.S. actions. The Bab al-Mandeb Strait, a narrow waterway connecting the Red Sea to the Gulf of Aden, is a critical artery for global commerce. Its strategic importance has surged since Iran’s effective closure of the Strait of Hormuz in 2024, which blocked 20 percent of the world’s oil and gas shipments during peacetime. The Bab al-Mandeb, now a focal point, serves as a lifeline for Saudi Arabia and other Gulf states exporting crude oil and refined products to Asia, Europe, and beyond. With the Hormuz closure, the strait’s role has expanded, as Saudi Arabia increasingly relies on its Red Sea port of Yanbu to ship oil via the East West Pipeline, operated by Aramco. The strait’s significance is underscored by its role in global trade. Approximately 10 percent of the world’s cargo, including containers from China, India, and other Asian nations, transits through the Bab al-Mandeb to reach European markets. In 2024 alone, 4.1 billion barrels of crude oil and refined products passed through the strait, representing 5 percent of global oil trade.#iran #saudi_arabia #bab_al_mandeb_strait #houthi_rebels #ali_akbar_veylayati
