Hormuz and Red Sea Choke Global Energy
7 Articles
7 Articles
'Extraordinarily dire' signs spark fears of imminent US crash: 'This could be it'
A U.S. market crash could be just around the corner “directly as a result” of a recent Middle East development and a confluence of other factors, political analysts Krystal Ball and Saagar Enjeti warned on Monday.Last week, the Yemeni militant organization the Houthis gained significant control over the Bab al-Mandeb Strait — a critical global shipping chokepoint in the Red Sea — after seizing control of Yemen’s west coast and Mayyun island, whi…
Iran Gains Leverage with Strait Under Houthi Control
“A lightning offensive along Yemen’s Red Sea coast by Iranian-backed Houthi militants has strengthened Tehran’s leverage in its war of economic attrition with Washington — giving it the ability to threaten a waterway that plays an even broader role in global shipping than the Strait of Hormuz,” the Washington Post reports.
Hormuz and Red Sea choke global energy
from AZADEH AKBAR in Tehran, Iran Special contributor TEHRAN, (CAJ News) – SAUDI Arabia is facing mounting pressure on its energy exports as the war involving the United States and Iran, combined with the Houthi advance in Yemen, threatens two of the world’s most important maritime energy corridors. The Strait of Hormuz has been severely disrupted since the conflict escalated, while Houthi forces have expanded their presence around Yemen’s Red S…
The "heart attack" in the Strait of Hormuz and the advance of the Houthis on the coast of Yemen are changing the data on the sea routes of global trade. The retreat of the ice is opening new routes in the Arctic, while transforming the region into a new field of competition between Russia, China and the West.
Iran was about to lose control of the Strait of Hormuz. Now they are getting help in Yemen.
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