EXPLAINER
Iran threatens Bab al-Mandeb closure: How would that affect world trade?
If the chokepoint were shut, along with the Strait of Hormuz, a quarter of the world’s energy supply would be blocked.
![It’s been 10 years since the Panama Papers leak exposed how the world’s richest hide their wealth. From offshore shell companies to political scandals, the documents revealed a global network of secret finances. [Global News Insight]](https://www.aljazeera.com/wp-content/uploads/2026/04/image-1775229416.jpg?resize=770%2C513&quality=80)
![An Israeli soldier inspects the impact site following Iranian missile barrages, amid the U.S.-Israeli conflict with Iran, in Nahariya, Israel, March 26, 2026. [Tyrone Siu/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/03/2026-03-26T172319Z_1446740875_RC2GCKAOOPSY_RTRMADP_3_IRAN-CRISIS-ISRAEL_cropped-1774570068.jpg?resize=770%2C513&quality=80)
Advertisement
Content Feed
From: NewsFeed
Oil shock triggers global price spikes as Iran war drags on
Fuel shocks from the US-Israel war on Iran are rippling worldwide, as Strait of Hormuz disruptions push prices higher.
Published On 2 Apr 2026
From: Counting the Cost
Can Russia help fill the global energy gap?
Higher crude prices due to the disruption in the Strait of Hormuz have helped Russia earn more from energy exports.
Published On 2 Apr 2026
US Homeland Security shutdown to stretch on, despite Senate passing funding
The House has failed to hold a vote on the Senate bill, while Trump says he will sign order to pay ‘all’ DHS employees.
Trump’s tariffs one year on: How Americans are paying the price
US households paid $1,000 more for the same goods over the past year, with lower-income families hit the hardest.
Oil price surges, Asian stocks fall as Trump vows to continue Iran attacks
Asian stocks also took a hit after Trump’s speech as most Southeast Asian countries rely heavily on oil imports.
‘It all depends on the crop’: Gulf crisis hits South Asia farmers
As sowing season approaches across the region, farmers face scarcity and rising cost of fertiliser.
EXPLAINER
Trump’s primetime speech on Iran war: Key takeaways
US president says Washington is ‘getting very close’ to achieving goals as he promises to bomb Iran into ‘Stone Ages’.
SpaceX files to go public, paving way to make Elon Musk first trillionaire
Company has captured public attention through vast network of satellites and focus on space exploration.
From: Counting the Cost
What can nations do to make up for the ongoing energy shortfall?
The Middle East conflict has cut off 20 percent of the world’s fuel supply. Countries are scrambling for alternatives.
Published On 1 Apr 2026
Russian tanker reaches Cuba amid critical energy shortage
Russian tanker delivers enough fuel to meet Cuba’s energy needs for up to 10 days, following a three-month blockade.
![The vessel arrived at Cuba's largest supertanker and fuel storage port at daybreak [File: Norlys Perez/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/03/2026-03-31T130326Z_575094210_RC2NFKA7LTWM_RTRMADP_3_CUBA-CRISIS-RUSSIA-OIL-1774966785.jpg?resize=770%2C513&quality=80)
