Approximately 30 percent of global shipping-container traffic goes through the Red Sea—the body of water that is now the site of the United States’ latest military intervention, Operation Prosperity Guardian. The Biden administration is leading a coalition of countries against Yemen’s Houthi militia, which has been attacking ships passing through the Red Sea. Geopolitically, the operation represents spillover from the ongoing war in the Gaza Strip. Economically, it’s meant to restore the shipping lanes that global trade relies on.

QOSHE - Why Egypt Has the Most to Lose From Houthi Strikes on Merchant Ships - Cameron Abadi, Adam Tooze
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Why Egypt Has the Most to Lose From Houthi Strikes on Merchant Ships

4 12
20.01.2024

Approximately 30 percent of global shipping-container traffic goes through the Red Sea—the body of water that is now the site of the........

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