By Hamed Zakikhani*
Attacks and naval stand‑offs from the Red Sea to the Strait of Hormuz have redrawn shipping maps. Since late 2023 following Houthi attacks from Yemen on passing vessels, many liners have skipped Suez for the Cape of Good Hope, resulting in longer voyages and higher costs. Meantime, Gulf tensions fuel added uncertainty. UN Trade and Development now warns growth will stall as volatility sticks and cargo transports take longer routes. (From The Interpreter. The Lowy Institute.)
