Navigating Critical Straits: The Impact of Taiwan’s Election and the Red Sea Crisis on Global Supply Chains

Navigating Critical Straits: The Impact of Taiwan’s Election and the Red Sea Crisis on Global Supply Chains

by Billy Buddell

8 January 2024

In this paper we discuss:

• The fact that critical maritime straits, such as the Suez Canal and Bab al-Mandab Strait, face disruptions due to the Red Sea conflict;
• How Taiwan’s recent election, coupled with the Red Sea crisis, pose significant threats to global supply chains;
• How semiconductor production, vital for various technologies, is particularly vulnerable; and
• U.S. and U.K. military strikes against Houthi rebels, which raise concerns of further escalation and risk jeopardising an essential trade routes.

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Download PDF: Strait – February 2024

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