Escalating Houthi attacks on Bab el-Mandeb Strait threaten global oil supply

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Houthi attacks are escalating, threatening the Bab el-Mandeb Strait, which is a second major oil choke point handling 10% of global oil demand. This timing, less than two months before US elections, is perceived as a strategic move by Iran to increase pressure, with the Houthis acting as a 'franchise' with their own motivations and history of resilience.