2 China supertankers carrying 4 million barrels clear Bab Al Mandab
Despite the Houthi blockade, shipping through the Red Sea fell only to 27 from 38 this week, not a full shutdown.
Bloomberg, CNN Indonesia
Despite the Houthi blockade, shipping through the Red Sea fell only to 27 from 38 this week, not a full shutdown.
The attacks raise energy and trade risks as Bab al-Mandab faces tighter pressure after six ships were earlier forced to divert.
Analysts warn two key global energy routes could be disrupted at once, with oil prices potentially surging to US$200 a barrel.
Series: Iran · US Iran Military Escalation · 5 chapters since Jul 13