Houthi rebels have attacked several vessels in one of the world’s busiest maritime corridors.
The ripple effect of Israel’s war on Gaza is causing a maritime crisis in the Red Sea – one that may have major implications for the global economy and trade.
Yemen’s Houthi rebel group has been carrying out attacks on commercial vessels. The Iran-backed group says it is targeting ships linked to Israel in protest against its assault on Gaza.
As a result, several large shipping firms have suspended operations in the strategically important waterway.
The United States has announced a multinational task force to respond to the attacks.
But how effective will it be? And what impact will the disruptions have on the global economy?
Presenter: Cyril Vanier
Guests:
Thomas Juneau – non-resident fellow at the Sana’a Center for Strategic Studies
James Moran – former European Union ambassador to Egypt, Jordan and Yemen
Stavros Karamperidis – lecturer in maritime economics at the University of Plymouth