The fate of global trade does not hinge on the Bab el Mandeb

Too many punditries have portrayed the Israel-Hamas war and Houthi attacks along the Red Sea as the next Black Swan events. Are these fears credible?

Source: ajot.com

As soon as the Israel-Hamas war broke out on Oct 7, the mediascape was rife with speculations regarding the future of the Gaza Strip and the Red Sea maritime trade. 

With big question …