Israel’s intensified attacks on Yemen's Houthis, coupled with the group’s continued targeting of the country and speculation over a looming Israeli strike on Iran’s nuclear facilities, are fueling uncertainty and prolonging the disruption of shipping through the Red Sea and Suez Canal.
Israel and Houthis Intensify Attacks as Netanyahu Eyes Iran Strike
The seven-day moving averages for vessels traveling through the Suez Canal and the Bab al-Mandeb Strait are down 55% and 61%, respectively, from October 2023.
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