Navigating Stormy Seas: Shipping Firms Adapt to Escalating Houthi Attacks in Red Sea
In recent weeks, the Red Sea has become a hotbed of tension as Iranian-backed Houthi militants in Yemen intensify attacks on vessels, disrupting a crucial East-West trade route.The escalating conflict has prompted shipping companies to rethink their routes, opting for longer and more expensive journeys to avoid the volatile region. As geopolitical tensi ...