After Hormuz, Bab el-Mandeb blockade threatens India’s energy supplies

Bab el-Mandeb blockade threatens India’s energy supplies following earlier disruption at Hormuz.

A prolonged disruption will force vessels to reroute around the Cape of Good Hope.

Rerouting adds around two weeks to the journey, escalating landed costs.

Higher charter rates and surging war-risk insurance premiums are cited by analysts as contributing factors.