Shipping Giants Halt Red Sea Routes Amid Houthi Attacks

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Source: Fox Business
Shipping Giants Halt Red Sea Routes Amid Houthi Attacks
Photo: Fox Business
TL;DR Summary

Major shipping companies, including Maersk, MSC, and CMA CGM, have suspended journeys through the Red Sea due to a series of attacks by Yemen's Houthi movement. The attacks, which have targeted commercial vessels in the southern Red Sea, pose a significant threat to the safety and security of seafarers. The strategic importance of the Bab-el-Mandeb strait, through which much of the world's oil is shipped, has prompted these shipping companies to pause their operations until further notice. The Houthi movement has claimed responsibility for the attacks and has warned international shipping companies against dealing with Israeli ports.

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