GeopoliticsIMPORTANT
Islamabad informed Tehran of the need to pressure the Houthis to stop the attacks in the Red Sea, reports Al Hadath citing a source; Pakistan warned Iran that closing the Bab al-Mandab Strait would further complicate the situation
StockNow breaking-news AI analysis
Pakistan's warning to Iran highlights the critical risk of a Bab al-Mandab closure, which would further spike oil prices and benefit tanker operators like FRO while threatening global trade stability.
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