Shipping Shifts Amid Middle East Tensions | Dubai News

Shipping traffic in the Strait of Hormuz dipped sharply this week, with just seven vessels passing through Monday—down from eight the prior day—following Iran’s warning of potential retaliation against U.S. attacks, raising fears of targeted strikes on Gulf energy infrastructure. Meanwhile, traffic surged at Bab el-Mandeb, jumping to 29 vessels from 17 the day before, hinting at rerouting amid escalating tensions. Goldman Sachs has raised its crude oil price forecasts for late 2026 and 2027, citing ongoing Middle East disruptions that could persist into next year. Complicating the picture: some ships may be sailing without transponders, leaving official counts incomplete. The situation remains a critical flashpoint for global energy markets, with vessel movements through these chokepoints serving as a barometer for regional stability—and the looming threat to oil supply. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/371cacdd7a9a6a59