Geopolitics
A high-ranking source said that Bab al-Mandab is closed to Saudi ships in both directions, adding that the "blockade-for-blockade" policy remains in place and will continue, Arabic TV reports
StockNow breaking-news AI analysis
Bab al-Mandab is reportedly closed to Saudi ships as Houthis enforce a 'blockade-for-blockade' policy, disrupting Saudi Arabia's primary alternative export route and threatening global oil supply stability.
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