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Houthi rebels, backed by Iran, have been attacking ships in the Red Sea, leading to significant disruptions in global trade. The attacks, which have accelerated, have forced major shipping companies to avoid the Red Sea, impacting the Suez Canal route. This situation poses a threat to the world economy, pushing up the cost of imported goods and prompting shipping firms to seek alternative routes.
Many firms have decided to avoid the Red Sea as Houthis attack vessels passing through. This will have sharp consequences for the world economy https://t.co/3HIXmGQhqg ๐
WATCH: More shippers say they are avoiding the Red Sea following attacks on merchant vessels by the Houthi militants, threatening disruption for global trade https://t.co/volFUDb7av https://t.co/iiHhx5nKS2
WATCH: Attacks on merchant vessels by Houthi militants are forcing more shipping companies to avoid the Red Sea, disrupting world trade https://t.co/volFUDb7av https://t.co/FSaIjyU3AL
Attacks on merchant vessels by Houthi militants are forcing more shipping companies to avoid the Red Sea, disrupting world trade https://t.co/HZ6qDoT1Tp https://t.co/1cOx8qOl4h
More ships to avoid Red Sea as attacks disrupt world trade https://t.co/R0QeKIHh6i https://t.co/8SNC97cgsx
Houthi attacks in the Red Sea pose an unacceptable danger to shipping. Container firms accounting for some 95% of the capacity that usually crosses the Suez Canal have suspended services in the area https://t.co/VTUHwpQoJy ๐
What Houthi Red Sea attacks mean for global trade https://t.co/Dja29eKb1i via @PaulWallace123 @alexlongley1 https://t.co/00zFOTbMIU
Attacks on shipping in the Red Sea are a blow to global trade. But alternative routes are a boon for shipping firms https://t.co/BiT5Jwjiug ๐
Attacks on shipping in the Red Sea are a blow to global trade: But alternative routes are a boon for shipping firms https://t.co/ZPmmqJsgjY
Houthi attacks in the Red Sea have accelerated at such an extraordinary rate that the worldโs largest shipping companies will no longer sail through the Red Sea, @elisabethbraw writes. https://t.co/B0daj482OO
The Houthis, an armed group backed by Iran, have been attacking ships in the Red Sea since Hamas attacked Israel on Oct. 7, forcing some shipping companies to avoid the Suez Canal. It could hamper global trade and push up the cost of imported goods. https://t.co/HOlV367f10
Why are Houthi rebels attacking ships in the Red Sea, and what does it all mean for global trade? https://t.co/wCGcO1Ov3a