For months, the Strait of Hormuz has been in chaos amid the ongoing conflict between Donald Trump and Iran.  

But now, the global oil supply faces a new threat.  

Iran-backed Houthi rebels in Yemen are setting their sights on the Red Sea, putting a second critical shipping corridor in the crosshairs.  

Today, former US Special Envoy to Yemen, Tim Lenderking, on the latest escalation and what it means for the global economy. 

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Tim Lenderking, former US Special Envoy to Yemen and Middle East Institute Distinguished Diplomatic Fellow