Red Sea shipping slows as security threats, insurance curbs reshape vessel routes: S&P Global

Iran Herald · July 28, 2026 Sanctions

Mumbai, (Maharashtra) [India] July 28 (ANI): Commercial shipping through the Bab el-Mandeb Strait has slowed sharply in recent days as heightened security risks, insurance restrictions and evolving military developments in the Middle East prompt ship operators to reassess routes through the Red Sea, according to an S&P Global report.