A Middle East Port Power Play Is Underway

The next conflicts will be directly over ports and waterways, and the Red Sea has only brought that into clearer focus. From the wildly coveted Horn of Africa’s access to the Gulf of Aden. But this week, we’re looking at a backdoor port deal that’s captured the attention of Arab media.  A tie-up between American megafund Blackrock and Italian-owned Mediterranean Shipping Company (MSC) creates something bigger than Dubai Ports World or even China’s Cosco. This tie-up is a ~$23B deal that will control 43 ports belonging…