Middle East Chronicle
Inside Matters
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Beirut
October 21, 2026

Sanjoy Paul

Associate Professor in Operations and Supply Chain Management, UTS Business School, University of Technology Sydney

Why new Houthi threats in the Red Sea could spell trouble for global oil prices and inflation

Why new Houthi threats in the Red Sea could spell trouble for global oil prices and inflation

Each year, about 10–12% of global shipping trade passes through the Bab el-Mandeb Strait – whose name means ‘Gate of Tears’.

Sanjoy Paul·22 Jul 2026