Houthi Attacks in Red Sea Spark Global Trade Crisis: Oil, Shipping, and Security in Turmoil
Houthi Attacks in Red Sea: In early 2026, the world’s busiest trade routes are under threat. Houthi rebel forces in Yemen have launched a series of missile and drone attacks on cargo ships in the Red Sea and Bab el-Mandeb Strait, causing a massive disruption to global shipping, trade flows, and oil supplies. In response,…