Tag: Bab el-Mandeb

Saudi Arabia Shipping Less But Revenues Are Up Due to Higher Oil Prices

Clark Savage429

Saudi Arabia is exporting and producing less oil amid ongoing regional conflicts and shipping disruptions, yet its oil revenues have risen sharply thanks to elevated crude prices. This paradox highlights the resilience of the Kingdom’s energy sector even as capacity constraints, security threats, and infrastructure damage create significant hurdles. In the second quarter of 2026, […]

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Iran Threatens to Close Hormuz and Bab el-Mandeb Simultaneously: Oil Markets Face Unprecedented Dual Chokepoint Risk

Clark Savage1493

In a sharp escalation reported today, Iran has signaled its willingness to simultaneously blockade the Strait of Hormuz and the Bab el-Mandeb Strait. According to Iran’s state outlet Tasnim, Tehran is halting indirect talks with the United States amid tensions over Lebanon and is preparing to “completely block” the Strait of Hormuz while activating other […]

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