By Admin 
The scope of the war that has started again between America and Iran in the Middle East has now extended beyond the Strait of Hormuz and has reached the Red Sea. Iran has told Yemen’s Houthis to close the Bab al-Mandeb gateway to the Red Sea if the US attacks Iran’s power network. The Bab el-Mandeb Strait connects the Red Sea to the Gulf of Aden and the Indian Ocean. This route is the most important trade route between Asia and Europe. If this route is closed then there will be a danger of a huge recession in international trade.
Crude oil prices increased after Iran’s threat
After this threat from Iran, the price of crude oil has increased by more than 1 percent. The price of Brent crude oil has increased by 93 cents (1.09%) to reach 85.88 dollars per barrel. At the same time, the price of WTI crude increased by 89 cents (1.12%) to $ 80.49 per barrel. According to the report of news agency Reuters, Iran has asked Yemen’s Houthi group to be ready to close the Red Sea oil route.
Houthi leader warned Israel-US
According to financial market experts, if the supply of oil through both the Red Sea’s Bab al-Mandeb Gateway and the Strait of Hormuz is stopped, there will be huge pressure on the supply chain across the world. Not only this, the insurance premium of ships will also increase significantly. Yemen’s Houthi leader said that America and Israel are promoting hatred and enmity in the world. Sayyid Abdul-Malik al-Houthi has blamed Saudi Arabia for promoting American and Israeli intentions.
The Houthi leader said, ‘America and Israel do not respect international agreements and UN resolutions, but are engaged in conspiracy for genocide and destruction of civilizations. Saudi Arabia helps America, Israel and Britain to weaken the Muslim community.
Iran’s warning to America
In response to American attacks, Iran is targeting Gulf countries. Brigadier General Ibrahim Zolfaghri, spokesman for Iran’s Khatam al-Anbia Central Headquarters, has threatened that if America damages its infrastructure, they will destroy the infrastructure of the Middle East. Zolfaghari also said that Iran will not accept any US intervention in Hormuz.