Red Sea Becomes New Choke Point in US-Iran ConflictWritten by BloombergPublished Jul 24, 2026, 11:32 AMWatch on Grafa TVShareAttacks by Iran-backed Houthis on two Saudi Arabian oil tankers in the Red Sea have opened a new front in the US-Iran conflict. Col. Wayne Sanders (Ret.) of Bloomberg Intelligence examines how the US may counter the move.