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Two chokepoints, no detour

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Adrian Monck's avatar
Adrian Monck
Jul 24, 2026
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Houthi militants attacked two Saudi oil tankers in the Red Sea on Thursday, closing the last detour around Hormuz and pushing Brent above $100 for the first time since May. Both of the world’s critical oil chokepoints are now simultaneously blocked – the question is whether Beijing’s tankers keep transiting Bab el-Mandeb while everyone else’s turn aroun…

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