How serious is Iran’s threat to disrupt shipping in the Red Sea?

This week, Iran's Islamic Revolutionary Guard Corps (IRGC) threatened to turn the Bab al-Mandeb Strait into the next front in its war with the US, relying on Houthi allies in Yemen to block the vital shipping route. The article examines the credibility of this threat and its implications for an already volatile region and the global economy. It features a discussion with experts: Ali Ahmadi, Ian Ralby, and Farea Al Muslimi.