The Red Sea is one of the most important waterways in the world, connecting Europe, Asia and Africa through the Suez Canal. However, since late 2023, the region has been plagued by escalating violence and instability, as Houthi rebels in Yemen have launched attacks on commercial vessels in retaliation for Israel’s bombing of Gaza.
The attacks have disrupted shipping operations, increased costs and risks, and threatened global trade and supply chains. In this blog post, we will explain the...