What the headline
is really saying.
Steve Hanke says crude tanker crossings through Bab el-Mandeb have fallen sharply, but the figures alone cannot prove his broader claim that the Houthis control the strait.
A widely followed economist has published a sharp, specific drop in crude tanker traffic through one of the world's most exposed chokepoints, and then attached a political verdict to it that the number itself cannot carry.
Treating "crossings fell" and "the Houthis run the show" as one finding, when the first is a counted series from tanker trackers and the second is an argument about who controls a strait.
Hanke's figures deserve to be read as what he says they are, a weekly average from tanker trackers, and his conclusion deserves to be read as what it is, his opinion.
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