What happens if the Red Sea gateway and Strait of Hormuz are blocked?: Explainer
Reuters. Four tankers changed course in the Red Sea on Wednesday (July 22), with two signalling the Suez Canal as their new destination after Yemen’s Houthi militia warned ships to avoid sailing to Saudi Arabian ports, ship-tracking data showed. The Iran-aligned Houthis on Monday (July 20) declared a naval blockade against Saudi Arabia, opening…