Why a second global shipping chokepoint could soon live up to its name as the ‘Gate of Tears’

If you’d never heard of the Strait of Hormuz before, you probably have by now. Iran’s effective closure of the waterway, which usually carries about 20% of the world’s oil and gas, has put severe pressure on the global economy. Now, some analysts are warning a new flashpoint could emerge: the Bab el-Mandeb Strait. That’s […] The post Why a second global shipping chokepoint could soon live up to its name as the ‘Gate of Tears’ appeared first on Interaksyon.