The long pieces take a week's events apart and follow them through to freight, insurance, currencies and energy. The short ones pick one story that is being underread and say what it is worth.
CMA CGM Seine arrives at Le Havre, June 2025. Arizonaman1, CC0.
Container lines are returning to Suez on the strength of a declared ban on Saudi shipping. Almost none of them will be identified on the way through Bab el-Mandeb.
5 sourced figures
Qatar shipped 18 cargoes in six months against 509 a year earlier, and Europe enters winter short of gas. Henry Hub is no dearer than it was a year ago.
5 sourced figures
A $14 billion weapons package and a Pentagon visit to Beijing have stalled since May, and US Navy transits of the Strait have all but stopped. Taipei says nothing has changed, and its stock market set a record.
4 sourced figures
Baghdad cut the dinar by about 13% on 7 October, the first devaluation by a Gulf Arab state since the war began. A price boom does little for an exporter that cannot ship.
4 sourced figures
Russia's seaborne diesel exports fell to 144,000 barrels a day in September, the lowest in more than a decade. Moscow has offered 500,000 tonnes, and Kyiv says the refinery strikes go on.
5 sourced figures
Second-quarter profits rode the disruption. The return to Suez is releasing capacity into a market with almost 14 million TEU on order.
3 sourced figures
The Commission says there is no immediate risk to supply. Its case rests on LNG import capacity, which depends on the market Qatar has left.
3 sourced figures
A strait that opens by permission is a different risk from a closed one. Iraq's discount is the price of that permission, made visible.
3 sourced figures
The canal's August numbers are its best of the crisis, earned without the large-ship discount. The reserves record that followed says less about dollars than it seems to.
3 sourced figures
Risk dashboards count PLA aircraft. The quieter change is coast guard presence east of the island, where in June more commodity ships passed than through the Strait itself.
3 sourced figures
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