Even if a cease-fire materializes, Gulf exporters recognize that relying strictly on the Strait of Hormuz is a risk they can no longer take.
Category: Houthis
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Gulf Oil Giants Are Spending Billions to Build Ways Around Strait of Hormuz
The New York Times – Business: -
Four Killed in Houthi Strike on Red Sea Ship, Yemeni Government Says
The New York Times – On the Runway:The Yemeni government said the ship was carrying food supplies to a port on the Bab al-Mandab Strait. The Iran-backed Houthis have not commented on the attack.
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Houthis Threaten to Expand Red Sea Attacks, and Claim Strike on Saudi Tanker
The New York Times – On the Runway:Saudi Arabia has not commented on the claim by the Houthis, who are backed by Iran and have vowed to close “all access routes” to Saudi oil shipments.
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Sailors Working in Strait of Hormuz Are Caught in Crossfire of Iran War
The New York Times – Business:Thousands of civilian workers remain stranded on ships at risk of attack by Iran. On one vessel, sailors have been held by the Iranian navy for more than three months.
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Shipping Risks Rise Across Crucial Middle East Oil Routes
The New York Times – Business:Attacks on ships in the Strait of Hormuz and the Bab al-Mandab strait are disrupting the passage of oil tankers in the Persian Gulf and the Red Sea.
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China’s Automakers Are Taking a Shortcut to European Markets
Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by the Houthi militia.
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Red Sea Remains No-Go for Ships Despite Cease-Fire With Houthis
Traffic through the Suez Canal is down about 60 percent since 2023, even after Trump-ordered attacks on the Houthis and now a cease-fire.
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Why the Shipping Industry Isn’t Rushing Back to the Red Sea
The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.
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More Ships May Return to the Red Sea if Houthis Hold Their Fire
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.
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More Ships May Return to the Red Sea if Houthis Hold Their Fire
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.
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Houthi Attacks Continue to Disrupt Shipping Industry As Israel-Hamas War Rages On
The transport route around the southern tip of Africa was once little used — but freighters are now forced to take it and are charging higher rates.
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‘It’s All Happening Again.’ The Supply Chain Is Under Strain.
As Houthi rebels intensify strikes on vessels headed for the Suez Canal, global shipping prices are soaring, raising fears of product shortages and delays.
