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Iran threatens Bab al-Mandeb closure: How would that affect world trade?

If the chokepoint were shut, along with the Strait of Hormuz, a quarter of the world's energy supply would be blocked.

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Iran threatens Bab al-Mandeb closure: How would that affect world trade?
Al Jazeera
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If the chokepoint were shut, along with the Strait of Hormuz, a quarter of the world's energy supply would be blocked.