After Hormuz disruption, the red sea emerges as the next flashpoint for global energy shipping · Business Upturn
Iran has signaled that its effort to disrupt global energy markets could extend beyond the Strait of Hormuz into the Red Sea if U.S. military action continues a threat that hinges largely on cooperation from Iran’s Houthi allies in Yemen. If the Bab el-Mandeb strait, the entrance to the Red Sea, were closed, it would…
