Attacks near the Strait of Hormuz, Red Sea and Black Sea are pushing shipowners to reroute cargo and rethink global trade risks.

Ship-tracking data shows fewer vessels using the Strait of Hormuz but steady flows via Bab al-Mandab, underscoring shifting Middle East maritime risk patterns.

Attacks near the Strait of Hormuz, Red Sea and Black Sea are pushing shipowners to reroute cargo and rethink global trade risks.