Bab el-Mandeb Strait effectively closed by...?

keep buying july 31 or go to math class

i will be using my winnings to pay for tuition

NO chads

Not Going To Happen

you guys know their just going to keep blowing up ship yeah?

Saudi vessels are a small minority of vessels passing

Saudi Arabia is attacking Yemen rn

More ship strikes and ts is cooked. Aint no one going to cross the strait while they’re firing at ships.

only saudis getting targeted

People give a 3% chance to something with 0% chance, interesting...

ur right

when does portwatch moving average update?

Too many ships crossing, it's going to take some time to count them all. 🫨

Tuesday. Truth social post today about final warnings for Houthis but we will see how they react. Saudi is not enough but if US gets involved we see fireworks in the strait.

around tuesday

if US gets involved ur thesis gets even weaker

what's stopping the houthis from de facto blockading every ship if US bombs them? all they need is a drone

The insurance cost ​of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen's Houthis attacked at least one tanker overnight, Reuters reports

They give permission and yes people are still buying eom

may or may not

Insurance companies cutting off ships still in the Red Sea as we speak

Add more dates if possible like Aug 8 and 15 tyvm

They’ll be closing it fully soon

the lowest MA went was 11 & it wasnt enough to satisfy market rules

Yemen’s Houthis say they carried out missile and drone strikes on two Saudi oil tankers in the Red Sea after declaring a maritime embargo on the kingdom. In a statement posted, the Houthis said that they “carried out a qualitative military operation targeting two Saudi oil tankers that violated the blockade”, naming the vessels as the Encelia and the Layla. As we reported earlier, the UK’s Maritime Trade Operations organisation said that it had received reports of a tanker being struck 70 nautical miles (130km) from Saudi Arabia’s town of Al Shuqaiq.

The Banana strait is more open than ever. Free trade carries on. Capitalism is so incredibly beautiful. 🥹

IRGC-BACKED HOUTHIS CLAIM A MISSILE AND DRONE ATTACK ON SAUDI OIL TANKERS ENCELIA AND LAYLA IN THE RED SEA, CAUSING MAJOR FIRES.

ship just went boom

Bab Al-Mandab Strait is officially closed! The Houthi controlled Yemeni Armed Forces have announced a major military operation targeting two Saudi oil tankers, ENCELIA and LAYLA, alleging that both vessels violated the maritime restrictions imposed by Yemen's Armed Forces. According to the statement, the operation was carried out using multiple ballistic missiles, cruise missiles, and one-way attack drones. The statement did not immediately provide details on the extent of the damage or the condition of the vessels.

Not how it works, read the rules

Houthi ISIS terrorists have threatened to target Saudi Arabia ships but not yet other countries. Even if they follow through that is likely more than 10 ships that would pass in. Also 3 more days until July is free bond N.

what the fuck are you on about? ISIS are a US asset. Houthis are aligned with Iran, retard.

and? is this supposed to make july 31 magically resolve yes?

houthis talk a lotta shit but i don't think they got hands to close it to less than 10 for a 7dma

This aged well

very well in fact

Best guess is likely no. Lowest recorded value in recent years is 25.1. It happened when Houthis were targeting commercial vessels using very loose criteria. They don't control the strait anyway and probably can't afford to piss off every major world power.

The Houthis prevented four Saudi oil tankers carrying around 5 million barrels of crude from departing today.

Went up to 6 ships

trump confirmed. TRUMP ON HOUTHI BLOCKADE: WE'LL JUST HAVE TO TAKE CARE OF BUSINESS

owari da o7

Bloomberg just reporting that a Chinese oil tanker u-turned in the Red Sea after the Houthi attack threat

slam it

Yemeni Houthis have warned shipping firms to avoid loading or discharging at Saudi ports

Oil shut be up much more given the current events...

Houthi has blocked the bab. Keep dumping notards. Hit my limit buy orders

Bruh bruh. Read the statement, blocade just saudi. Full closure is being saved for Iranian infrastructure targeting

well thank you for helping our side

Until houthis HIT a ship this + oil will not react imo

Houthi militants in Yemen on Monday declared a maritime embargo against Saudi Arabia effective immediately, threatening to exacerbate the oil supply disruption triggered by Iran’s attacks on tankers in the Strait of Hormuz.

The Yemeni Armed Forces announce the prohibition of maritime navigation by the criminal Saudi enemy under the principle of "blockade for blockade." This decision enters into force from the moment this statement is issued.

Things are heating up

Why this didnt Sky rocket yes

there's doubts about the Houthi's willingness/capacity to deliver and also how long it might take. I think the current prices are probably fair.

I see thanks

I reckon it will jump as soon as a boat gets touched

Iranian media is saying that the US targeted power plants, which was their red line for having the Houthis close baba ganoush

BREAKING: A source close to Iran's Ghalibaf says Yemen has begun blocking the Bab el-Mandab Strait, with initial warnings issued to passing ships in the Red Sea and Bab el-Mandab. He says, in the past 48 hours, two Iranian strikes on two ships off Oman's coast, additional warning shots, and one ship seized have been carried out, and a new formation has been established on the opposite side of Bab el-Mandab. The decision will be made at "zero hour."

Babel Man Boob

The US has just struck a key Iranian road bridge connecting Bandar Abbas to other cities inland, dropping it into the Shur River. The strike has killed at least 2 people, injured 4, and caused power outages in the area.