India, April 1 -- Iran's effective closure of the Strait of Hormuz has already rattled global energy markets

Attention is now shifting to the Bab el-Mandeb Strait, a critical route for oil, gas and trade

Yemen's Houthi forces, aligned with Iran, could disrupt shipping again, as seen during the 2023-24 Red Sea crisis

Even limited attacks-or the threat of them-can drive up insurance costs and force ships to reroute

Simultaneous disruption of both chokepoints could trigger major global supply chain and economic shocks

If you'd never heard of the Strait of Hormuz before, you probably have by now. Iran's effective closure of the waterway, which usually carries about 20 per cent of the world's oil and gas, has put severe pressure on the gl...