Shipping disruptions are beginning to emerge across Middle East's two most critical oil transit routes: Strait of Hormuz and the Red Sea, as the ongoing US-Iran conflict fuels fresh security concerns and prompts some vessels to alter or pause their voyages.
The developments have heightened worries in global energy markets, not because oil flows have stopped, but because ships are increasingly responding to perceived risks around two waterways that are central to the movement of crude and petroleum products, according to data complied by Kpler and first reported by Bloomberg .