S8 Ep1133: Michael Bernstam explores Houthi threats to the Bab-el-Mandeb strait, which could drive oil prices over $100 per barrel by choking global shipping. Simultaneously, Ukrainian drone strikes have crippled Russian refining capacity and shipping in the Black S
Podcast:The John Batchelor Show Published On: Thu Jul 16 2026 Description: Michael Bernstam explores Houthi threats to the Bab-el-Mandeb strait, which could drive oil prices over $100 per barrel by choking global shipping. Simultaneously, Ukrainian drone strikes have crippled Russian refining capacity and shipping in the Black Sea, leading to energy rationing, electricity shortages, and potential food crises in Crimea. (2)