With the US-Iranian memorandum of understanding having collapsed, hostilities have resumed across the Middle East. Both the United States and Iran have begun targeting each other’s trade in the Strait of Hormuz. However, with this new phase of the conflict underway, it appears Hormuz may not be the only sea lane impacted.
The Iran-backed Houthi military group in Yemen has targeted two Saudi-linked oil tankers in the Red Sea. This came only days after the...