WorldHouthi Closure of Bab el-Mandeb Strait to Hit Container Shipping Market
Houthi closure of the Bab el-Mandeb Strait would deal a blow to the container shipping market, according to Mikhail Margelov, vice president of the Russian International Affairs Council. Margelov said, however, that the event would not have a critical impact on oil supplies. His assessment distinguishes a significant effect on shipping from a limited effect on energy supplies.
Houthi Closure of Bab el-Mandeb Strait to Hit Container Shipping Market