A tanker was attacked in the Strait of Hormuz as renewed hostilities reportedly empty the waterway, while Houthi threats to blockade Saudi Arabia in the Red Sea raised regional shipping risk. The development increases disruption risk for Middle East-to-global trade routes, a key input into near-term energy and logistics pricing.
A tanker was attacked in the Strait of Hormuz as renewed hostilities reportedly empty the waterway, while Houthi threats to blockade Saudi Arabia in the Red Sea raised regional shipping risk. The development increases disruption risk for Middle East-to-global trade routes, a key input into near-term energy and logistics pricing.
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moderately negative
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