Bab el-Mandeb closure odds pull back as Trump signals diplomatic breakthrough
· flowframe Pulse
The market dip follows President Trump's recent statements suggesting the maritime conflict could end 'very soon,' alongside reports that the fragile April 7 ceasefire is largely holding. Traders are currently prioritizing these diplomatic signals over recent threats from Houthi official Hussein al-Ezzi to shutter the strait by month-end.
13¢ → 10¢ • Vol: $1.1M