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Red Sea Shipping Disruption (Houthi Campaign)Houthi attacks, naval protection missions, rerouting, insurance shocks, and supply-chain stress around the Red Sea, Bab el-Mandeb, and Suez corridor.
Scottish Independence MovementSupport for Scottish independence remains significant
Strait of Hormuz Maritime RiskRecurring tanker seizures, military signaling, sanctions pressure, and escalation risk in a core global energy chokepoint.