CNA938 Rewind - US-Iran Conflict: What the Blockade Threats Mean for Oil and Freight Markets

Iran has shut the Strait of Hormuz and The Houthis have just declared a blockade of Bab al-Mandeb.  Two of the world’s most critical shipping chokepoints — squeezed at the same time. Saudi Arabia’s workaround, routing oil through the Red Sea, may now be closing off too.  Andrea Heng and Poh Kok Ing take an in-depth look at the compounding economic risks and assess how markets are pricing in rerouted supply chains, soaring freight premiums, and broader inflation risks with Stephen Zunes, Professor of Politics and International Studies at the University of San Francisco