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Twin Chokepoint Shock: Houthis Seize Mayyun Island In Bab el-Mandeb Strait As Hormuz Disruptions Persist

Three converging threats to watch are intensifying pressure on global energy markets: damage to Russian refining capacity, ongoing disruption at Hormuz, and new, expanding Houthi threats to Red Sea shipping. The resulting physical market squeeze extends well beyond the Gulf area. Record-high diesel prices in the US …

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