How serious is Iran’s threat to shipping in the Red Sea?

Iran’s Islamic Revolutionary Guard Corps (IRGC) has threatened to target the Bab al-Mandeb Strait, a crucial shipping route connecting the Red Sea to the Gulf of Aden, in its ongoing conflict with the United States. The IRGC’s strategy may involve leveraging its Houthi allies in Yemen to obstruct this vital maritime passage. This escalates concerns regarding regional stability and potential repercussions for the global economy.

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