Not Hormuz—Now the Red Sea Poses a Global Threat! Story of the New Oil ‘Hotspot’ Amidst the Iran-Israel Conflict

The global economy is poised to suffer yet another blow, arriving precisely when markets are still grappling with the repercussions of the initial shock. Disruptions in the Strait of Hormuz have already driven up oil prices significantly and disrupted energy supply chains. However, a new—and...