reported a fire broke out on a vessel 55 miles southeast of aden after it was hit by a missile the crew were reported safe. the us continues to respond to these threats in the red sea. us central command confimed friday its forces shot down an anti ship ballistic missile targeting its destroyer in the gulf of aden, the uss carney. the missile was launched from houthi controlled yemen, according to centcom. no injuries or damage were reported. the houthis are, of course, backed by iran. reuters is now reporting that china is getting involved. citing four iranian sources, the report says officials from beijing have been asking their iranian courterparts to help reign in houthi fighters. the discussions reportedly took place in recent meetings in beijing and tehran. china would take notice, because the commercial shipping route is used widely by its vessels. plus, these attacks come amid a sagging economy in china, heavily dependent on shipping. not to mention, last year, beijin
but why the flare up now? all of these things are interconnected, and that s why it s really dangerous right now. so the big question now is, could this red sea conflict become the next war in the middle east? first of all, let s start by looking at what has actually been happening in the red sea. in mid november, 2023, the houthis, an iranian backed rebel group in yemen, began targeting commercial shipping off their coast. so, who exactly are the houthis and what is it motivating them? the houthis, who are a so called rebel group in yemen, they hail from the north west of yemen. they have been very active in this area for about a decade. it s only now that we re noticing because our global trade is being impacted. they hijacked this ship called the galaxy leader and they fired missiles and drones at others. us and british warships went to their defence. the houthis vowed revenge. the world economy, every economy will suffer if ships keep coming under attack in this illegal
The Red Sea Crisis is impacting the insurance industry. On January 16, Reuters reported that war insurance claims have risen tremendously amid the Red Sea Crisis.
The Red Sea Crisis is impacting the insurance industry. On January 16, Reuters reported that war insurance claims have risen tremendously amid the Red Sea Crisis.