Maritime expert weighs in on the economic ripple effects of Houthi attacks

Greek-flagged bulk cargo vessel Sea Champion is docked to the port of Aden, Yemen to which it arrived after being attacked in the Red Sea in what appears to have been a mistaken missile strike by Houthi militia, Feb. 21, 2024.the Houthis as a global terrorist organization amid rising regional tensions and consistent deployment of missiles and drones against each other since the war in Gaza broke out.

IAN RALBY: Yeah, absolutely. We've seen a really dramatic change in containerized cargo movements over the last few months. Since the 19th of November, We've seen an escalation by the Houthis that has led to mostly the container ships choosing to reroute around the continent of Africa, and that has made a delay in a lot of our goods. But it hasn't been as dramatic an impact as some feared initially.

ABC NEWS LIVE: Commerce aside, if we can really even put that to the side for a moment, but the Houthis in Iran could cause an environmental catastrophe if they strike an oil tanker. How much do the African and Gulf countries depend on that water staying clean? They do not care about Israel and Gaza. If ended today, they would continue to attack shipping because they are loving the attention they are getting. They love the support that has come with it, both from Iran, their main backer as well as others. They have recruited heavily off of these, these, new attacks in this situation overall. And we've seen their numbers swell. So they are very energized by all of this, and they're really loving the attention.ABC NEWS LIVE: Well, the U.S.

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U.S. Strikes Multiple Houthi Targets—Including Apparent Underwater Attack VesselI'm a Chicago-based reporter. My previous experiences include work at Chemical Watch, Becker's Healthcare, Chicago Lawyer Magazine and The Kane County Chronicle. I graduated from DePaul University with degrees in journalism and psychology. Email me at cgleesonforbes.com and follow me on Twitter caileygleeson.
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