What do the Houthi Red Sea attacks mean for global trade? What sparked the attacks? Will there be long-term effects on the world economy? Houthi rebels’ targeted attacks on merchant ships in the Red Sea have disrupted one of the world’s busiest trade routes. To avoid the assaults, more commercial vessels are taking detours, which is raising shippers’ operational costs and disrupting the global supply chain. Keep reading for a background on the Houthi attacks and how they may affect the world economy.
What the Houthi Red Sea Attacks Mean for Global Trade
