Bab al-Mandeb Betting Odds Hit 18% as Houthis Release Footage
The footage adds a fresh geopolitical signal around a strategic shipping corridor, while the odds point to a market focused on a specific data trigger.
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The footage adds a fresh geopolitical signal around a strategic shipping corridor, while the odds point to a market focused on a specific data trigger.
The dispute turns on whether a reported Trump-Houthi arrangement can keep Bab el-Mandeb open while excluding Saudi shipping and limiting support for Riyadh.
The fighting puts a key shipping corridor into focus, while the diplomatic setback removes a near-term de-escalation signal for energy markets.