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Zambia: Economic test looms for next administration [Business Africa]

Zambia: Economic test looms for next administration [Business Africa]

By GhanaSummary NewsroomPan-Africa

Energy: Red Sea blockade threatens Saudi crude exports The crisis in the Gulf could be about to shutter another critical shipping waterway for energy supplies - the Bab el Mandeb strait.

The Houthis who rule half of Yemen have announced a blockade on oil exports by Saudi Arabia.

With the Strait of Hormuz effectively closed, shutting down Bab al-Mandeb as well could block 25% of the world’s oil and gas supply.

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