Escalating Houthi Attacks Prompt Global Shipping Firms to Seek Alternative Routes
TL;DR
Mediterranean Shipping Company (MSC) and CMA CGM have joined Maersk and Hapag-Lloyd in suspending passage through the Red Sea strait due to attacks by Yemeni Houthi rebels. The rebels, who control much of Yemen, are targeting vessels near the Bab al-Mandab strait to pressure Israel over the Gaza conflict. This move raises concerns about trade disruption, as 40% of the world's international trade passes through the strait. The tensions have also led to military responses, with the US and UK shooting down drones launched from Houthi-controlled areas.
Topics:worldinternational-affairs#global-shipping#houthi-rebels#international-affairs#suez-canal#trade-disruption#yemen
- Global shipping firms to avoid Suez Canal as attacks from Yemen's Houthi rebels increase FRANCE 24 English
- A new Suez crisis threatens the world economy The Economist
- US considering options amid repeated attacks by Iran-backed Houthis on international shipping – report The Times of Israel
- A missile fired by Yemen's Houthi rebels strikes a Norwegian-flagged tanker in the Red Sea The Associated Press
- Two maps show why shipping firms are suspending routes in the Red Sea The Washington Post
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