STOCKS | Bab al-Mandab Ship Traffic Falls to a Multi-Month Low After Houthi Attack
2026-07-27 05:30:23
Ship traffic through the Bab al-Mandab Strait fell to a multi-month low after a Houthi attack on Saudi Red Sea facilities. According to Jin10, Saudi export routes were forced to adjust, and more crude oil may have to reroute through the Suez Canal, raising both costs and travel time.
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