Even a brief closure of the Bab al-Mandeb Strait in the Red Sea, now a crucial alternative supply route, will significantly exacerbate the oil deficit.

Satellite view of the Bab el-Mandeb Strait is a vital trade route linking the Red Sea, Gulf of Aden, Arabian Sea, Suez Canal, and Mediterranean.Gallo Images | Orbital Horizon |…

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.

Shipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks. The Strait of Hormuz and Red Sea are…

Iran and Houthis attacked oil tankers, raising tensions. Bab al-Mandeb Strait closure by September 30 at 28% YES.