BluePerspectives

Houthi squeeze on Red Sea shipping risks enormous cost to global economy 

The Houthi rebels in Yemen have almost completely closed down a major shipping route in the Red Sea. This has cost the global economy and created a huge challenge for President Obama. The Houthi’s relentless attacks on commercial vessels and merchant ships forced several of the largest shipping companies in the world to cancel transits across the Red Sea. Oil-producing…

 A crucial shipping route in the Red Sea has been nearly fully shut down by the Houthi rebel group in Yemen, hurting the world economy and creating a significant obstacle for the White House. Some of the biggest shipping companies in the world were forced to cancel Red Sea transits as a result of Houthi attacks on business boats and merchant ships. producing oil… A crucial shipping route in the Red Sea has been nearly fully shut down by the Houthi rebel group in Yemen, hurting the world economy and creating a significant obstacle for the White House. Some of the largest shipping companies in the world were forced to cancel transits through the Red Sea by the continuous Houthi attacks on commercial ships and professional boats. oil- the sourceof… 

The Houthi rebels in Yemen have almost completely closed down a major shipping route in the Red Sea. This has cost the global economy and created a huge challenge for President Obama. The Houthi’s relentless attacks on commercial vessels and merchant ships forced several of the largest shipping companies in the world to cancel transits across the Red Sea. Oil-producing…

  

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