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Hamas' war against Israel (VII): the Red Sea crisis
Ten days after the Hamas attack on Israel, which opened a new chapter in the history of the Arab-Israeli conflict, Yemen's Houthis announced that they would attack any merchant ship suspected of having ties of any kind to Israel transiting off their coasts. A decision that has opened a new crisis in the Red Sea, with important consequences. Since then, maritime security in said sea, as well as in its approaches from the Indian Ocean, has deteriorated considerably, with a decrease in maritime traffic of close to 90%. Some of the largest commercial shipping companies in the world, such as the Mollers-Maersk group or Hapag-Lloyd, have decided to temporarily suspend the transit of their ships through the region, a decision that has resulted in delays and increased prices (including of insurers). (Continue…) Dear reader, this article is exclusively for paying users. If you want to access [Keep reading…]