Houthi Attacks Disrupt Red Sea Shipping

BP has suspended all shipments through the Red Sea due to attacks by Yemen's Houthi militants, who are targeting cargo vessels in response to Israel's war on Hamas. This move has pushed up oil prices and unsettled energy markets. Other shipping companies have also taken precautionary measures, avoiding the Suez Canal as militants continue to target vessels. Concerns are rising about potential disruptions to global supply chains as world leaders consider options for protecting shipping routes.