Qatar warns of 'catastrophic' Bab al-Mandeb closure: What it means for oil, shipping and global trade

New Delhi, Sept. 15 -- Qatar has warned that closing the Bab al-Mandeb Strait could have "catastrophic" consequences for global trade and energy markets, as Iran-backed Houthi forces expand their presence along Yemen's Red Sea coast. The warning comes as tensions in the region intensify, with shipp…