Huthi blockade threat raises risk of dual energy chokepoint crisis, Kpler says
Why This Matters
The Huthi threat to blockade the Bab el-Mandeb Strait poses a critical new threat to global energy security. Coupled with existing tensions around the Strait of Hormuz, this creates the unprecedented risk of simultaneous disruption to the Middle East's two most vital oil shipping lanes, potentially causing severe global supply shocks and price volatility.
A threat by the Iranian backed Houthis to blockade Saudi-linked shipping in the Bab el-Mandeb Strait has raised the prospect of the Middle East’s two key energy chokepoints coming under pressure at the same time, shipping analytics firm Kpler warned Tuesday. A “simultaneous and prolonged disruption of Bab el-Mandeb and the Strait of Hormuz could … The post Huthi blockade threat raises risk of dual energy chokepoint crisis, Kpler says appeared first on Egypt Independent.
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