Are the Houthis in Yemen permanently reshaping global commercial shipping?
Since Oct 7th the world has been rocked by the Israel-Hamas War. That has caused a series if escalations, including the ongoing Houthi disruptions to maritime security and global commercial shipping.
Its so severe, the US and UK have initiated airstrikes in Yemen, but has made little difference and if anything only emboldens the Houthis more and who say they wont stop until Israel ceases its operations in Gaza. However, the long-term of these events on shipping are unprecedented, and not merely about the Houthis actions, but those of the ship insurers, explains Sal Dr. Salvatore Mercogliano -…
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