'Oil could soar to $200': Amid renewed US-Iran hostilities Yemen threatens to shut Bab al-Mandeb Strait

Published 14 July 2026 · india

Yemen has threatened to shut the Bab al-Mandeb Strait amid a renewed US-Iran war, warning that oil could hit $200 a barrel. It has raised

Yemen has threatened to shut the Bab al-Mandeb Strait amid a renewed US-Iran war, warning that oil could hit $200 a barrel. It has raised concerns over global energy supplies and trade, as simultaneous disruptions to the Bab al-Mandeb Strait and the Strait of Hormuz could drive up fuel prices.

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