Red Sea shipping traffic declines amid US-Iran tensions
after close1 source ↓written by the desknot a recommendation
- on Sunday
- 11 vessels
- passed
- 10 vessels
Ship traffic through Bab el-Mandeb fell to 11 vessels on Sunday, the lowest in months, while fewer than 10 vessels passed through the Strait of Hormuz daily over the weekend. This decline follows attacks by Yemeni Houthis on Saudi oil installations, raising security concerns and disrupting oil supply. Traders should monitor these developments closely as they may impact oil prices and shipping routes.
Not investment advice. For informational purposes only.