Politics. Economics. Markets. — The Authoritative Voice on the Middle East
Bab al-Mandeb — the 18-mile strait connecting the Red Sea to the Gulf of Aden — carries 4.8 million barrels of oil per day and 12% of global trade. With Houthi forces now attacking from…
More than 2,000 commercial vessels carrying an estimated 20,000 crew members are trapped or stranded in the Strait…
The Strait of Hormuz handled roughly 20% of global seaborne oil before the Iran war. Today, with Maersk,…