Tasnim Agency reports, citing sources, US President Trump will lose the Bab al-Mandab Strait should he decide to take action against the Strait of Hormuz

The report suggests potential escalation in tensions surrounding critical maritime routes, specifically the Strait of Hormuz, which could have significant implications for global oil supply and pricing. A loss of control over the Bab al-Mandab Strait might signal a shift in U.S. foreign policy, impacting investor sentiment across commodities, currencies, and equities. Traders should monitor how this develops, as it could lead to increased volatility in oil prices and risk assets.