Bab el-Mandeb closure odds climb following renewed Houthi and Iranian threats

April 12, 2026 · flowframe Pulse

The market price rose after Houthi official Mohammed Mansour and Iranian advisor Ali Akbar Velayati suggested the strait could be closed if Gulf states join US-Israeli operations. These statements have intensified fears of a coordinated maritime blockade as the regional conflict continues to pressure global trade routes.

25¢ → 28¢ • Vol: $0.8M

Source: https://flowframe.xyz/pulse/bab-el-mandeb-closure-odds-climb-following-renewed-houthi-and-iranian-threats-215675

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