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The Independent UK
The Independent UK
National
Courtney Bonnell and David McHugh

How are Houthi attacks on ships in the Red Sea affecting global trade?

Copyright 2021 The Associated Press. All rights reserved

Yemen's Houthi rebels have escalated attacks on ships passing through the Red Sea during the Israel-Hamas war, raising concerns about the impact on the flow of oil, grain and consumer goods through a major global trade artery.

Israeli-linked vessels have been targeted, but the threat to trade has grown this week as a Norwegian-flagged oil tanker was struck and missiles were fired at a vessel carrying jet fuel toward the Suez Canal, where about 10% of the world's trade passes through.

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