Beyond geopolitical pressure, Houthi attacks function as a redistribution mechanism for global wealth through insurance premiums and market signals.
Beyond geopolitical pressure, Houthi attacks function as a redistribution mechanism for global wealth through insurance premiums and market signals.
Iran’s “navy of ghosts”—mines, drones, and shore-based missiles—achieves a functional blockade of the Strait of Hormuz by making commercial transit uninsurable.
