Politico: The world is already experiencing the worst disruption to global energy markets in history following U.S. and Israeli attacks on Iran. But if Iranian proxies close the Bab el-Mandeb strait — a busy Red Sea choke point — it would compound global financial woes and likely push oil prices to $150 a barrel, experts said.
An Iranian military official told the country’s semiofficial news agency Saturday that if the U.S. and Israel attack more of the country’s energy infrastructure, Iran would escalate “insecurity in other straits, including the Bab el-Mandeb Strait and the Red Sea.”…