
Houthi rebels are extorting as much as $2 billion a year from shipping lines in exchange for not attacking their vessels in the Red Sea and Gulf of Aden, according to a new study.
The unreleased study based on research by a panel of Yemen experts for the United Nations Security Council found that the Houthis were pulling in $180 million per month in the “tolling” protection racket, one published report said, though the panel could not independently verify that number.
Since November 2023, the...
https://www.freightwaves.com/news/reports-claim-houthis-make-red-sea-vessel-attacks-a-2b-business