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Saturday, August 1, 2026 22:14 GMT
Commercial shipping through the Bab el-Mandeb Strait dropped to its lowest level in months after Yemen’s Houthi movement launched attacks on Saudi oil installations along the Red Sea coast, raising fresh concerns over maritime security and global energy supplies. Shipping data from Kpler showed that only 11 commodity vessels transited the Bab el-Mandeb Strait on Sunday, reflecting a sharp decline in traffic as ship operators reassessed risks following the latest escalation. The disruption...More