– Qatar Pauses LNG Shipments In Red Sea After US Bombs Houthis:
The US and British bombing campaigns of Iran-backed Houthis in Yemen marks a significant intensification of the Middle East crisis. This development comes as the region is already dealing with heightened tensions due to the three-month war between Israel and Hamas in Gaza, suggesting a move towards a broader regional conflict.
Shipping disruptions across the Red Sea threaten global trade after major shippers, such as Maersk and others, have rerouted vessels to the Cape of Good Hope following a series of drone and missile attacks on commercial vessels by Houthi rebels. The attacks and resulting supply chain disruptions are what forced the US and allies last week to launch bombing raids on Houthi targets.
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