Houthis Hold Next Potential Chokepoint on Oil and Commerce as Iran Ceasefire Wobbles

As the Iran ceasefire wobbles at the Strait of Hormuz, the Houthi rebels in Yemen are positioning themselves as the next potential chokepoint for global oil and commercial shipping. The Iran-backed group controls Red Sea shipping lanes and has signaled willingness to escalate disruptions if the broader conflict reignites. The threat opens a dangerous second front in the energy war that could nullify any gains from Hormuz reopening.