Iran, Gulf hit as Hormuz, Bab al-Mandeb close: What’s the latest?
Defense Secretary Pete Hegseth tells US senators that the war has cost the US $37.5bn so far.
Defense Secretary Pete Hegseth tells US senators that the war has cost the US $37.5bn so far.
The closure of the Strait of Hormuz and Bab al-Mandeb represents a disruption to global maritime commerce and represents a precursor pattern to the Euphrates drying up (P65), which removes natural barriers enabling geopolitical realignment. The economic impact and regional instability align with end-times economic and geopolitical upheaval themes.