Red Sea Risks Rise: A Maritime Conundrum with Global Implications The recent gathering of a Saudi led naval coalition in the kingdom marks the latest development in a long standing saga of maritime insecurity in the Red Sea and its surrounding waters.
Attacks by Iran backed Houthi fighters have targeted shipping lanes, raising concerns about the global supply chain's vulnerability to regional conflicts.
For decades, the Bab al Mandeb Strait has been a critical chokepoint for international trade, with approximately 4% of global oil shipments passing through it daily.