He reiterated that a sum of 36 fleets of warships have been dispatched to Bab el-Mandeb
Strait and the Gulf of Aden; the 37th flotilla will be dispatched to the international waters in a matter of days.
The expansion involves "the participation of the required elements of the armed forces in an abroad mission to defend the Egyptian and Arab national security in the area of the Arabian Gulf, the Red Sea and the Bab El-Mandeb
Strait," according to presidency statement on 1 August.
Meanwhile, Al-Saidi expressed his appreciation towards Egypt's participation in the "Operation Decisive Storm" through Egyptian air and navy forces, stressing the importance of that operation in terms of attaining security and stability in Yemen, and in securing the international marine navigation via Bab el-Mandeb
strait and the Red Sea, said Youssef.
Moreover, April's rally was also helped by geopolitical concerns stemming from the Saudi-led intervention in Yemen, which markets factored could have threatened crude oil supplies travelling through the Bab El-Mandeb
Strait, one of the most important shipping corridors in the world.
, a narrow body of water, is the key strategic entry point into the Red Sea, through which around four million barrels of oil pass each day on ships headed to or from the Suez Canal.
I think Moscow realizes the great significance of Yemen and the Bab El-Mandeb
Strait, which if occupied by the Houthis, will be a fatal blow to global security.
The oil industry is watching the conflict with concern as Yemen lies on shipping lanes and the narrow Bab el-Mandeb
passage, through which nearly 4 million barrels of oil are shipped daily to international markets.
Tehran / NINA / A force of the Iranian navy headed today to the Gulf of Aden and the Strait of Bab el-Mandeb
Then, as now, the central arena of conflict is Yemen, an impoverished backwater whose importance stems from its geographic proximity to Saudi Arabia and the crucial Red Sea choke point at Bab el-Mandeb
Shipments must use the Bab el-Mandeb
Strait, a place the US Energy Information Administration (EIA) considers a "chokepoint" for global oil supplies.
The issue of Yemen is an Arab matter and Bab el-Mandeb
is also an Arab and international issue.
Worries over the possible impact of the geopolitical tensions on the Bab el-Mandeb
Strait, the closure of which could affect 3.