Bab el-Mandeb shipping traffic falls after reported attacks, raising crude and freight risks
Lower Red Sea traffic and rerouting around the Cape of Good Hope are increasing energy and freight-supply uncertainty.
MSA market desk
Desk brief
Shipping traffic through the Bab el-Mandeb Strait fell on July 26 following reported Houthi attacks on Saudi oil installations, while traffic through the Strait of Hormuz remained low. Physical crude cargo prices in the Middle East, Europe and Africa reached two-month highs, and vessels were reportedly rerouting around the Cape of Good Hope, increasing voyage times and logistical costs.
Price Discovery
Angola sovereign curve
Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.
- Angola 28May 2028103.2746.079%
- Angola 29Nov 2029101.1517.578%
- Angola 31Jan 2031103.7338.189%
- Angola 32Apr 2032100.6308.603%
- Angola 33Mar 2033102.2778.906%
- Angola 35Oct 2035103.6519.269%
- Angola 37Mar 2037102.7599.455%
- Angola 48May 204894.7339.973%
- Angola 49Nov 204991.85110.034%
Indicative levels only. Full bid/ask context and trading actions remain inside MSA Trader.
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