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🚨🇮🇷BREAKING: Iran has told Yemen's Houthis to get ready to shut the Red Sea oil route if the US strikes Iranian power infrastructure. Three sources told Reuters this was discussed inside Iran's leadership and already passed to the Houthis directly.
This is the second chokepoint, A source close to the Houthis says they've already deployed missiles and drones near Bab el-Mandeb, the gateway to the Red Sea, and are just waiting on the order. Saudi Arabia is taking it seriously enough that two regional sources close to Riyadh confirm they know the Houthis are now coordinating closely with Iran on this.
Here's why it actually matters right now, not hypothetically. Since Hormuz shut down, Saudi Arabia has rerouted 70% of its oil exports through the Red Sea port of Yanbu instead. That route currently carries about 7% of global oil supply. It's the backup plan. If Iran closes both chokepoints at once, there's no backup left.
One source close to the situation put it bluntly: shutting down a shipping lane doesn't take sophisticated weapons. Anyone with a rifle can interrupt it. That's the actual danger here, this isn't about Iran having some new advanced capability. It's about a threat that's cheap and easy to carry out, aimed at the one alternate route the entire oil market has been leaning on since February.
Oil hasn't fully priced this in yet. A Houthi official already floated $200 a barrel if both straits close together. That's not a random number, it's the same warning repeated by multiple people close to this story over the past few days.