Houthi attacks in Red Sea raise economic concerns, global trade disrupted | Top 10 updates
Houthi militant attacks that followed the commencement of the Israel-Hamas conflict have not been stopped despite numerous rounds of retaliatory strikes by the US and its allies as well as a multinational naval operation to patrol the waters. Here are top 10 updates on Houthis-Red Sea attack 1) The United States has carried out airstrikes in Iraq targeting facilities used by "Iranian-backed militias" in the country following repeated attacks on US forces, Defence Secretary Lloyd Austin said in a statement on Tuesday (local time).
2) Britain said in a joint statement on Tuesday that 24 countries, including the United States, Germany, and Australia, conducted additional strikes on Monday against eight targets in Houthi-controlled areas of Yemen, Reuters reported. 3) “In response to continued illegal and reckless Houthi attacks against vessels transiting the Red Sea and surrounding waterways, the armed forces of the United States and the United Kingdom, with support from Australia, Bahrain, Canada, the Netherlands, and New Zealand, conducted additional strikes against eight targets in Houthi-controlled areas of Yemen," the statement read.
4) “These strikes were designed to disrupt and degrade the capability of the Houthis to continue their attacks on global trade and innocent mariners from around the world while avoiding escalation," it added. 5) The European Union faces a risk of consumer prices surging and growth slowing due to disruptions to shipping through the Red Sea, though it has yet to feel an economic impact, a top EU official said on Tuesday.
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