The Hormuz Letter
@HormuzLetter
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BREAKING: Iran has directly instructed the Houthis to fully close the Bab el-Mandeb strait, with the Houthis having completed all operational preparations including deploying missiles and drones near the Strait, and are waiting for US strikes on Iranian power infrastructure to carry it out, per Reuters citing two senior Iranian sources.
IRGC representatives in Yemen will control the decision on when to carry out the Bab el-Mandeb closure operation. Combined with Iran’s ongoing Hormuz closure, this would disrupt both Middle East main oil export routes simultaneously, with Red Sea carrying around 7% of global energy supplies and Saudi Arabia having diverted 70% of its energy exports through Red Sea port Yanbu.
The Houthis warn this would push oil past $200.
