DUBAI, United Arab Emirates — The first fatal attack by Yemen's Houthi rebels on shipping threatens to further sever a crucial maritime artery for global trade and carries with it risks beyond those just at sea.
This black-and-white image released by the U.S. military’s Central Command shows the fire aboard the bulk carrier True Confidence after a missile attack by Yemen’s Houthi rebels in the Gulf of Aden on Wednesday, March 6, 2024. A missile attack by Yemen’s Houthi rebels on a commercial ship in the Gulf of Aden on Wednesday killed three of its crew members and forced survivors to abandon the vessel, the US military said.
Wednesday’s attack underlines the danger to those not even involved in the war. The Houthi missile that hit the“We demand the relevant sides stop immediately armed activities for the safety and freedom of navigation on international maritime routes according to international law,” Vietnamese Foreign Ministry spokesperson Pham Thu Hang said Thursday.
“The escalation of the crisis in the Red Sea is likely to worsen the food insecurity situation in Yemen in 2024, exacerbating an already dire humanitarian crisis,” the UN Food and Agriculture Organization has warned. Then there’s the economic pressure. While Israel has described its economy as so far unaffected, the same can’t be said for neighboring Egypt. Traffic in its Suez Canal linking the Red Sea to the Mediterranean Sea onward to Europe has dropped by nearly half, according to UN figures.as it reached a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion.
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