London s marine insurance market has widened the area in the Red Sea it deems as high risk after a surge in attacks on commercial ships, according to a statement issued.
LONDON: Yemen's Houthi rebels have escalated attacks on ships passing through the Red Sea during the Israel-Hamas war, raising concerns about the impact on the flow of oil, grain and consumer goods
How Houthi Attacks on Ships in Red Sea Affect Global Trade voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.
Yemen s Houthi rebels have been attacking ships in the Red Sea, one of the world s major trade arteries. Attacks have increased since the Israel-Hamas war broke out in October, and
The area leads to the Red Sea, Israel's southern port facilities and the Suez Canal, making it part of a strategic route for Gulf oil and natural gas shipments. Western warships are patrolling the area and have shot down Huthi missiles and drones several times