> but now that the canal is effectively blocked by Iran-backed forces nobody screams about a global crisis Not sure about what sources you follow, but the ones

> but now that the canal is effectively blocked by Iran-backed forces nobody screams about a global crisis Not sure about what sources you follow, but the ones I am following scream about a full blown global crisis. Here is for example the explainer from the Guardian: https://www.theguardian.com/business/2023/dec/19/red-sea-shipping-crisis-bp-oil-explained-what-is-happening-and-what-does-it-mean-for-global-trade https://www.theguardian.com/business/2023/dec/19/red-sea-shi... At the same time many defence analyst is astonished by the appearent dithering of the US Navy over the issue. In fact the more fringe elements are talking about that the recent incapacitation of the US SecDef might be the reason behind the inaction.