Hormuz and Bab el-Mandeb Militarization Raises Shipping and Energy Costs

Escalating militarization of the Strait of Hormuz and Bab el-Mandeb is raising risks to maritime navigation, energy flows, and global supply chains. The report highlights rising shipping costs and international efforts to secure these chokepoints, though specific incidents or actors are not detailed. This development signals sustained pressure on energy and trade routes, with implications for inflation and risk premiums.