Bab el-Mandeb will fall short of 210-229 transits

IMF PortWatch will report a total outside the 210-229 range for August 31 through September 6, 2026 on its Arrivals of Ships dataset. The Houthi naval blockade declaration on July 20, 2026 has already driven tanker diversions and sustained elevated rerouting via the Cape of Good Hope, and recent Ju…