Baker Hughes Co Class A

BKR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Houthi Control of Critical Maritime Chokepoint Means More Disruption of Flows; Long-Term View Intact

Joshua Aguilar

Sep 14, 2026

Iran-backed Houthi rebels have taken control of the Bab al-Mandeb strait, according to several news reports. Also, last week, drone attacks damaged the critical East-West pipeline, forcing Saudi Arabia to shut it down.

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Baker Hughes Co Class A

Houthi Control of Critical Maritime Chokepoint Means More Disruption of Flows; Long-Term View Intact

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