Red Sea Roulette: Shipping Lane Jenga
Iran-backed Houthis pull one more block out of the global trade tower while everyone swears it’s still ‘stable’ and ‘orderly.’
“Relax,” says the G7 hand nervously yanking out the ‘Red Sea’ block, “global supply chains are *resilient*.” Behind him, the Houthi hand casually flicks a missile-shaped piece labeled “Bab el-Mandeb” from the bottom row.
Source headline
Iran-backed Houthis enter the month-old war and could further threaten global shipping
Around the Shallot
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Forecast
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