Global Supply Chain at Risk: Houthi Attacks in Red Sea Threaten Navigation and Oil Shipments

Secretary of Defense Lloyd J. Austin III has announced the establishment of Operation Prosperity Guardian, a multinational security initiative aimed at addressing the recent escalation of Houthi attacks in the Red Sea. The operation brings together countries such as the United Kingdom, Bahrain, Canada, France, Italy, Netherlands, Norway, Seychelles, and Spain to ensure freedom of navigation, bolster regional security, and protect international trade in the southern Red Sea and the Gulf of Aden.