Insurance costs for Red Sea shipping surge due to Houthi blockade. Ships transiting Hormuz by July 31 at 15.2% YES.

Houthi blockade in the Red Sea tightens Iran's grip on energy supplies. Strait of Hormuz traffic normal by August 31 at 14.5% YES.

The Houthis have declared a naval blockade on Saudi Arabia, threatening a critical oil export route and adding fresh uncertainty to global energy markets amid escalating regional…

Houthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after the blockade declaration. European…