CMA CGM ships are back in the Suez after Houthi attacks eased, showing resilience amid global tensions over energy and rare-earth exports.
The Strait of Hormuz remains largely closed due to Iran-backed attacks, causing a sharp rise in energy prices and prompting countries like Egypt to implement energy-saving measures. Shipping reroutes around South Africa are increasing, risking further economic impacts.
Several vessels, including the first French-owned ship since the war began, have crossed the Strait of Hormuz, which Iran effectively blocked after the start of the Iran-Israel conflict. The crossings include ships from Japan, France, and Oman, signaling some reopening of the vital energy route amid ongoing tensions.