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Saudi Exports via Bab el-Mandeb Slump, Weekly Traffic Since Early August Below One-Third of July Average
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According to a report cited by the Financial Associated Press on September 19, data indicates that Saudi Arabia's exports through the Bab el-Mandeb Strait have remained sluggish. Since the beginning of August, weekly traffic through the strategic waterway has been less than one-third of the average level recorded in July of this year. The report does not specify the cause of the decline, but the Bab el-Mandeb Strait is a critical chokepoint for global oil and trade shipments, and reduced traffic may reflect ongoing regional security concerns or shifts in trade routes. The data underscores a sustained downturn in Saudi export activity via this route over the past six weeks.
Source report
Financial Associated Press | September 19
According to reports, data indicates that Saudi Arabia's exports through the Bab el-Mandeb Strait continue to underperform. Since the beginning of August, weekly traffic has fallen to less than one-third of the average level recorded in July this year.
Source
财联社Regional
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