January 18, 2024

Houthi Red Sea attacks soar by 500 pct, spark global shipping crisis: Experts

Iranian-backed Houthis intensify assaults, disrupting vital sea trade routes and impacting global supply chains. A fallout from the Israel-Hamas conflict, experts foresee worldwide trade and commodity price spikes, with jet fuel for Europe seeing the most immediate and substantial increase

By Jennifer Bell
Al Arabiya
January 4, 2024

https://english.alarabiya.net/News/middle-east/2024/01/04/Houthi-Red-Sea-attacks-soar-by-500-pct-spark-global-shipping-crisis-Experts