IRAN-BACKED HOUTHIS THREATEN KEY OIL ROUTE -- BUT TALKS ARE STILL ON 👀
Bab el-Mandeb handles ~10–12% of global oil, and it’s now at risk as Iran-aligned forces escalate.
At the same time, Trump paused energy strikes for 10 days as negotiations “go very well.”
Pressure on one side, progress on the other.
If talks hold, oil cools and risk gets a cleaner backdrop.