Feb 6 (Reuters) – Yemen’s Iran-aligned Houthis fired missiles at two vessels in the Red Sea, causing minor DAMAGE to a CARGO ship. “
“The Houthis have been targeting commercial vessels with drones and missiles in the Red Sea since mid-November..”
“The group’s military spokesman said it fired naval missiles at the Morning Tide and Star Nasia, identifying the BARBADOS 🇧🇧 – and Marshall Islands 🇲🇭- flagged ships, respectively, as British 🇬🇧 and American 🇺🇸 “
“ British maritime security firm Ambrey said a BARBADOS 🇧🇧 -flagged, general cargo ship owned by a British 🇬🇧 company suffered damage from an unmanned aerial vehicle (UAV) while sailing south east through the Red Sea.” Barbados 🇧🇧 or 🇬🇧 cargo ship?
“ Wall Street analysts have warned clients in recent weeks about the worsening supply chain mess due to the RED Sea crisis. “
While the Red Sea is a significant chokepoint accounting for approximately 15% of GLOBAL trade, it is important to consider the broader implications of potential disruptions affecting other crucial waterways. If additional chokepoints, representing 60-80% of GLOBAL trade volume, were to be restricted, the impact on the global economy could be considerably more severe. Additionally, recent threats targeting global services raise further concerns about the potential for widespread economic destabilization.
