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International Business Times
International Business Times
Business
AFP News

Shipping Firms Suspend Red Sea Traffic After Yemen Rebel Strikes

Two of the world's largest shipping firms, Maersk and Hapag-Lloyd, said Friday they were suspending passage through a Red Sea strait vital for global commerce, after Yemeni rebel attacks in the area.

The Iran-backed Huthis, who control much of Yemen but are not recognised internationally, say they're targeting shipping to pressure Israel during its two-month-old war with Palestinian Hamas militants in the Gaza Strip.

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