Global Commerce

Navigating Troubled Waters: the Escalating Crisis in the Red Sea

Navigating Troubled Waters:  the Escalating Crisis in the Red Sea

Emerging from Yemen’s civil war, the Houthi militia is disrupting vital global shipping routes with its actions, creating the necessity of finding alternative routes and exacerbating costs for companies. This conflict has further created humanitarian and environmental consequences, which added to the economic ones, have profoundly affected the interests of Western powers, notably the United Kingdom and the United States, who support Israel. These countries sought to secure the region with the creation of several different operations, such as Operation Prosperity Guardian or Operation Poseidon Archer, aimed at securing the area. Concurrently China and Russia managed to reach an agreement of safe passage with the Houthis. This article delves into the complexities of the conflict, emphasising its far-reaching global repercussions, and the challenges it poses.