Kepler Reports 7.4 Million Barrels per Day Passed Through Bab el-Mandeb Strait in June

Oil shipments passing through the Bab el-Mandeb Strait increased to 7.4 million barrels per day in June, compared to 4.2 million barrels in the same month of the previous year, reflecting a significant rise in shipping activity through this vital passage that handles about 7% of the world's oil production. Concerns have grown over potential disruptions to the passage due to threats from Iran and the Houthis to block the strait if the United States launches attacks on Iranian infrastructure, especially amid US threats to target Iranian facilities. Experts have confirmed that any disruptions in the Bab el-Mandeb Strait or the Strait of Hormuz could lead to higher shipping costs, reduced availability of oil tankers, and negative impacts on global energy markets, particularly given the importance of the strait as a main trade route between Asia and Europe.

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