September in Financial markets: Bab el-Mandeb drives oil prices higher, interest rates rise, and AI warnings mount. By Kārlis Mārtiņš Gulbis, Investment Analyst, Signet Bank. In September the war found its second chokepoint, and markets followed. After Hormuz came the Bab el-Mandeb: the Houthis seized the Yemeni port of Mokha and then Perim Island, which sits
By Kārlis Mārtiņš Gulbis, Investment Analyst, Signet Bank. In September the war found its second chokepoint, and markets followed. After Hormuz came the Bab el-Mandeb: the Houthis seized the Yemeni port of Mokha and then Perim Island, which sits...
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