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    Home ยป Economic repercussions of disruption to navigation in the Red Sea
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    Economic repercussions of disruption to navigation in the Red Sea

    ZEMS BLOGBy ZEMS BLOGFebruary 8, 2024No Comments1 Min Read
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    Maritime shipping, the cornerstone of global trade, is currently facing major disruptions due to instability in the Red Sea region. This instability, attributed to Houthi attacks on naval vessels using advanced weapons, including drones and missiles reportedly supplied by Iran, is seriously impacting international trade flows. These naval attacks, which take place in a vital shipping channel between the Suez Canal and global markets, confirm the strategic importance of the Red Sea Route in global logistics networks.
    The motivations behind the Houthis' actions extend beyond mere aggression. Their attacks are motivated in part by a desire to show solidarity with the Palestinians.



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