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Houthi rebels, backed by Russian intel, disrupt Red Sea trade routes: Report | N18G

Yemeni Houthi rebels, with alleged support from Russian intelligence, have launched attacks on the Red Sea trade route, targeting western ships with ballistic missiles and kamikaze drones. These strikes, which began after the Gaza war, were reportedly in solidarity with Palestinians affected by Israel's military actions. The Houthis allegedly used Russian satellite data, shared with Iran’s Islamic Revolutionary Guard Corps (IRGC), to create instability and divert US focus to the Middle East. Over 70 attacks have forced shipping vessels to reroute south of Africa, boosting container rates. Maersk has raised its financial outlook, citing increased demand and supply chain disruptions.

first published: Oct 25, 2024 01:42 pm