"US and Allies Threaten Military Response to Houthi Red Sea Ship Attacks Amid Rising Inflation Concerns"

The US-led coalition, including countries like the UK, Australia, Canada, Germany, and Japan, has warned Yemen's Houthi rebels of consequences if they do not cease their attacks on Red Sea shipping vessels. These attacks are claimed by the Houthis as acts of solidarity with Palestinians in Gaza, targeting ships linked to Israel. The coalition's statement follows reports of potential direct strikes by the US on the rebels and the deployment of the USS Dwight D Eisenhower to the region. The Red Sea is a critical trade route, with 12% of global trade passing through it. Shipping companies like Maersk have suspended services in the affected waterways due to the security risks.