Economy Another global choke point is under threat 1 hour ago Financial News Iran has gained leverage over a new global choke point—the Bab al-Mandab strait. Its ally, the Houthi rebel militia, seized new territory on Yemen’s coast that borders the strait, through which roughly 12% of global trade traverses every day. Post navigation Previous The final changing of the guard at Berkshire Hathaway. 🚨Next Putin’s party in trouble? | DW News