The Houthi blockade of the Bab al-Mandeb strait creates a second chokehold on world oil supplies at the Red Sea in coordination with Iran's attempt to control the Strait of Hormuz.
Trump vowed on Wednesday to destroy an Iranian bridge or power plant every time Iran shoots at a ship in the Strait of Hormuz, raising the stakes after Iranian-allied Houthis in Yemen threatened a second vital energy route.
Iran's top joint military command said Tuesday that all U.S. interests and those of its allies in the region would be targeted if Washington attacks Iran's nuclear facilities, according to Iranian state media.
Oil prices rose more than 3% on Monday, pushing Brent crude above $90 a barrel, as escalating U.S. and Iranian military strikes heightened concerns over energy supplies moving through the Strait of Hormuz.
Trump paid tribute to U.S. service members killed in recent attacks linked to Iran, saying American forces launched another round of strikes "in honor" of them.
by Oleksiy Kolomiyets - President, The Centre for European and Transatlantic Studies
Unfortunately, three months of treacherous actual capitulation after the announcement of the truce on April 8 of this year, the USA could not put its industry on the military foots.
This project was funded, in part, through Grant the opinions, findings and conclusions or recommendations expressed herein are those of the Author (s) and do not necessarily reflect those of the Department of State.