‘Disruption to shipping in Red Sea caused by Houthi militants’ attacks could affect supply chains for months,’ warn Business chiefs
The Hindu
Business chiefs warned on January 17 that disruption to shipping in the Red Sea caused by attacks by Yemen’s Houthi militants could affect supply chains for months and lead to a shortage of tankers needed to transport fuel.
Business chiefs warned on January 17 that disruption to shipping in the Red Sea caused by attacks by Yemen's Houthi militants could affect supply chains for months and lead to a shortage of tankers needed to transport fuel.
Attacks by the Iran-allied Houthi militia on ships in the region since November have slowed trade between Asia and Europe and alarmed major powers — an escalation of Israel's more than three-month-old war with Palestinian Hamas militants in Gaza.
The Houthis say they are acting in solidarity with Palestinians and have threatened to expand attacks to include U.S. ships in response to American and British strikes on their sites in Yemen.
Iranian Foreign Minister Hossein Amirabdollahian, whose country backs Hamas in its war with Israel, said an end to the war in Gaza was needed to remove the threat to shipping.
"The security of the Red Sea is tied to the developments in Gaza, and everyone will suffer if Israel's crimes in Gaza do not stop ... All the (resistance) fronts will remain active," Mr. Amirabdollahian said at the World Economic Forum in Davos.
“India has held diplomatic talks with Iran and is taking other measures to help shield its exporters from the impact of the attacks,” a government source said on January 17.
Maersk and other large shipping lines have instructed hundreds of commercial vessels to stay clear of the Red Sea, sending them on a longer route around Africa or pausing until the safety of vessels can be assured.
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