The chain reaction triggered by the geopolitical crisis in the Red Sea is deepening, impacting the global shipping market and supply chain system. Since mid-December 2023, Houthi insurgents in Yemen have been attacking vessels, thereby blocking this vital passage in the Red Sea. So far, over a hundred container-laden ships …

The UN Security Council on Wednesday passed a resolution condemning “in the strongest terms” the multiple attacks by Houthi rebels off the coast of Yemen which have disrupted global trade and raised fears of further spillover from the war in Gaza. Russia first proposed three amendments to the draft text …

US and UK officials made their most direct statements to date Wednesday threatening to attack Yemen, from which Houthi rebels have targeted shipping through the Red Sea and US warships facilitating the genocide in Gaza. “We’ve made clear, and many other countries have made clear, that there will be consequences …