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JERUSALEM - On Wednesday, Saudi Arabia decided it would no longer send its massive oil tankers through the Bab el-Mandeb, the narrow passageway at the bottom of the Red Sea and one of the main transit points for international goods. This comes after two giant Saudi tankers were attacked this week by the Iranian-backed Houthi rebels. On today’s program, host Brent Nagtegaal shows how Saudi Arabia’s decision hails a new era of Iranian dominance in the Red Sea and should be a ringing wake-up call to Europe.