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Iran's threats against this Red Sea choke point are a big vulnerability for the oil market

Oil prices would spike if Iran's Houthi allies started attacking ships passing through the Bab el-Mandeb Strait.

This article was originally published by CNBC Top News and is republished here under license.

Oil prices would spike if Iran’s Houthi allies started attacking ships passing through the Bab el-Mandeb Strait.

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