Testing out alternative oil routes

The potential closure of the Bab al-Mandeb strait by Houthi forces represents a critical threat to global energy markets. This strategic waterway, essential for international oil transportation, could trigger severe supply disruptions. Analysts warn that such blockade would significantly elevate crude prices, potentially reaching $150 per barrel, intensifying existing energy challenges worldwide. Alternative shipping routes are being evaluated to mitigate geopolitical risks and stabilize markets.