Iran Threatens Additional Seaway Blockades as US Tightens Iran Blockade
π SEAWAYS β Iran's closure threat is no longer limited to Hormuz. π LOOK CLOSER: Threatening Bab el-Mandeb or the Strait of Malacca pulls new chokepoints into Iran's deterrence posture β each serves different Asian and European supply chains. With Hormuz already at 13 transits/day, the signal is aimed at Gulf mediators and Beijing: capitulate or watch the disruption spread. Threats don't close straits, but insurers price them as if they might.
