Trade routes such as the East-West pipeline in Saudi Arabia depend on export via tankers in the Red Sea, some analysts said, meaning any potential escalation of fighting in that area could shut off its viability as an alternative trade route.
—
Max Zahn,
ABC News,
18 Aug. 2026
The wars in the Gulf and Ukraine have essentially shut off some of the world’s key passageways for global commodities, while extended droughts have restricted travel through the key arteries such as the Panama Canal.
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