However, rather than deterring the Houthis, this military intervention has catalyzed an escalation, with the rebel group broadening its targeting to include U.S. and British naval vessels operating in the Red Sea. PERSISTING RED SEA CRISIS JEOPARDIZES REGIONAL PEACE Local Yemeni experts are raising...
Red sea crisis highlights vital role of China-Europe rail freight Interest in cross-border services increases due to concerns over shipping delays, costs Gantry cranes hoist China-Europe freight train containers in Xiliin Gol League in the Inner Mongolia autonomous region, on Oct 18, 2023. YANG ...
The country, ravaged by nearly a decade of civil war, now faces a new challenge: a crippled economy further strained by the escalating crisis in the Red Sea. In Sanaa's Old City, the famed Al-Melh market used to be known for its labyrinthine alleys overflowing with affordable Eid delights...
Second, although the Red Sea crisis also has a certain impact on China's textile and clothing exports to Europe (the routes in Europe and the Middle East have been empty), on the one hand, China Europe trains are more alternative to shipping. The space of China Europe trains has been bo...
"The Red Sea crisis has had a significant impact on Suez Canal's shipping industry, resulting in a sharp decrease in the number of passing ships," said an employee of the Aldunfah Beach Club. Industry insiders were among the first to feel the impact of the worsening situation. Khaled Tony...
On October 19, 2023, the world witnessed the commencement of what would later be recognized as the Red Sea crisis. By late November of the same year, the repercussions of this crisis, marked by heightened geopolitical tensions, security concerns, and escalating conflicts, had transcended its orig...
The Red Sea Crisis (RSC) is an ongoing military conflict that began on October 19, 2023. The Red Sea occupies a pivotal geographical position and serves as a natural link between the continents of Asia, Africa, and Europe [[1], [2], [3], [4]]. Its strategic importance is further ...
Oil traders are, for now, looking past rising tensions in the Red Sea. But that may not last, a top Wall Street commodities analyst warned in a note Tuesday. Iran’s decision to send a warship into the Red Sea only briefly alarmed oil traders Tuesday, with crude prices s...
In the wake of Hamas' October attacks on Israel, and the ongoing Israeli bombardment of Gaza, a Houthi rebel faction in Yemen has been attacking shipping in the southern Red Sea.Cargo ships have been attacked by the Houthis since November. The group claims the ships being targeted are ...
The second top concern among readers, some 27% was port congestion, an issue which in some cases can also be linked to the disruption caused by the Red Sea crisis. Of the three other issues 10% put compliance with new regulations as their top concern, 6% the availability of qualified seaf...