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

CNBCJune 5, 2026 at 10:05 PM

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

This is a summary. For the full story, read the original article at CNBC.

Original source: CNBC

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