International maritime reports revealed a sharp decline in vessel traffic through the Bab el-Mandeb Strait to its lowest levels in months, driven by escalating regional tensions, which have exacerbated shipping disruptions in the Red Sea. Similarly, the Strait of Hormuz recorded a noticeable drop in navigation amidst extreme caution from global shipping companies. Despite these security challenges, data showed the continued flow of oil exports, with supertankers carrying Iraqi and Gulf crude passing through the Strait of Hormuz en route to global markets. Meanwhile, markets continue to monitor the repercussions of these tensions on energy supply security and international shipping costs.