Bab el-Mandeb Odds Rise as Iran Warns of Expanding Maritime Blockade

· flowframe Pulse

The market climbed 6% to 33¢ after senior Iranian adviser Ali Akbar Velayati suggested Tehran’s allies could shut the strategic strait if U.S. pressure continues. The threat coincides with a looming April 8 deadline set by President Trump for Iran to reopen the Strait of Hormuz or face strikes on its critical infrastructure.

27¢ → 33¢ • Vol: $0.5M