S8/10Geopolitical
EU bolsters Red Sea mission amid reports Houthis may shut Bab el-Mandeb
EU foreign policy chief Kaja Kallas visited Djibouti and signed a new security agreement to strengthen Europe's naval presence, as reports say Tehran has asked the Houthis to shut the Bab el-Mandeb if the US strikes Iranian infrastructure, threatening a second global shipping chokepoint.
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⚠️ A model estimate of cascade risk — not a guarantee and not buy/sell. Calibration uses resolved outcomes only; monitor confirmation indicators below.
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