Houthi Strikes Threaten Global Commerce

The Yemen Houthi rebels recently attacked shipping passing through the Red Sea heavily with drones and missiles, leading to the interception of projectiles by U.S., as well as British navies in both instances. Despite a scheduled UN Security Council vote, rebels persist in making such attacks endangering major trade routes between Asia, the Middle East and Europe.

Naval Engagement and International Response

For instance, Houthi rebels fired at ships coming to Yemen’s port cities in a massive naval battle; the U.S. and UK navies were forced to intercept 18 drones, two cruise missiles, and an anti-ship ballistic missile. This is Houthi’s 26th attack on commercial shipping in the Red Sea since Nov.

Thin Israeli Connection and UN Resolution

Although the Houthis state that their attacks are aimed at countering Israel’s actions in Gaza, it is becoming increasingly unclear whether there is a direct link between these targets and Israel. A resolution denouncing the attacks is presented to the UN Security Council with a focus on navigational rights, freedoms and global trade.

Strategic Waterways and Economic Consequences

The attacks in the Red Sea and Bab el-Mandeb Strait which are crucial to global shipping, pose serious questions regarding what they might mean for trade routes. It’s a strategic chokepoint through which nearly 10% of traded oil and around $1 trillion in goods annually pass, making it clear that huge economic stakes are involved.

Potential Escalation and Regional Dynamics

Houthi attacks may prompt a U.S. retaliatory strike on Yemen, undermining the current fragile truce in the nation. As the situation gets hotter there is a possibility of wider conflict in this region involving Iran, thus affecting the political dynamics already unstable Middle East.

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Source: abc News

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