Why the Red Sea could be the next choke point for the global economy

    https://www.nbcnews.com/world/iran/red-sea-choke-point-global-economy-rcna264045

    Posted by deraser

    1 Comment

    1. GothamsTrader on

      This theory is based on the involvement if Houthis. Red Sea is simply too far from Iran to do they same trick they are doing in the Strait of Hormuz.

      But Houthis are dependent on supplies from Iran. Can Iran supply them now?

      The capacity of the east-west Saudi pipeline and the capacity of their Red Sea port are the key limiting factors.

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