Houthi threat brings Bab El-Mandeb crossings down another 50%

🌐 Seatrade Maritime (United Kingdom) —

AI Summary

Clarksons' data reveals that Iran's influence around Middle Eastern chokepoints continues to tighten, reducing transit through Bab El-Mandeb by 50%. The disruptions contribute to efforts by nations to seek alternative routes avoiding the Strait of Hormuz, impacting global maritime shipping.

Clarksons' figures show Iran’s grip squeezing Middle East chokepoints as nations seek Hormuz workarounds.

World Security Conflict Politics Markets Commodities Energy Shipping Bab El-Mandeb Iran Middle East chokepoints maritime shipping shipping disruption Hormuz bypass

Read original source →