Lisa Friedman, Jenny Gross and Rebecca F. ElliottNew York Times·13 Sep, 2026 10:07 PM6 mins to readFor shipping companies, the once routine operation of navigating the Strait of Hormuz has become a high-risk endeavour. Photo / Getty ImagesShip operators already faced severe risks in navigating the region, and now the danger is higher as Houthi militias assert control in the Red Sea.The world’s most valuable energy corridors are pinching shut. On Friday (Saturday NZT), Houthi militants backed by Iran expanded their control of the Red Sea,
Gulf tankers are running out of ways to export oil: ‘These waters aren’t safe’
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