News
🚨 🇸🇦 Saudi jets reported striking Bab el-Mandeb as 🇺🇸 US says it still controls Hormuz
🚨 🇸🇦 Saudi jets reported striking Bab el-Mandeb as 🇺🇸 US says it still controls Hormuz
- 🇸🇦 Saudi fighter jets have attacked positions at the Bab el-Mandeb strait, the Red Sea entrance, according to Iranian state-affiliated media cited by newswires at ; there is no Saudi or coalition confirmation (unconfirmed)
- 🇺🇸 US Central Command rejects IRGC Navy claims that US forces have left the Strait of Hormuz, saying they remain present and that the US and regional partners control the waterway, per newswires at
FO view: The fighting is now reported at both Gulf choke points, Bab el-Mandeb and Hormuz, and the US is publicly contesting Iran's account, which keeps the shipping risk premium in crude and havens in place, though no new supply loss is confirmed.
Not investment advice.