Bab el-Mandeb shipping traffic drops to ~26 vessels/day, second major decline since Gaza war

Daily transits through the Bab el-Mandeb strait have fallen to roughly 26 vessels, marking the second significant deterioration since the Gaza conflict began. The decline reflects sustained disruption to Red Sea shipping, likely due to ongoing security threats. This signals persistent supply-chain friction and elevated shipping costs, with implications for global trade and inflation.