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Data from Kepler Company revealed a sharp decline in commercial shipping activity through the Bab el-Mandeb and Strait of Hormuz, following the Houthi attack that targeted Saudi oil installations in the Red Sea. On Sunday, only 11 ships passed through the Bab el-Mandeb Strait, the lowest rate in months, while the number of ships crossing the Strait of Hormuz did not exceed 10 during the weekend. These two straits are among the most vital corridors for global trade and energy transportation, and the decrease in maritime activity there signals growing security concerns and their impact on supply chains and global oil markets.
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