Watch Bab el-Mandeb for next oil shock
A Houthi escalation threatening the Strait of Bab el-Mandeb could disrupt over 4 million barrels daily of diverted Saudi crude, triggering a move in oil prices well above $100 per barrel via maritime insurance cancellations.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.