Yemeni Houthi movement leader Abdul-Malik al-Houthi has said that no company will be allowed to transport goods linked to Israel through areas they consider part of their operational zone at sea.
In a televised speech on July 10, the Houthi leader said that it is not allowed for any company to move goods for what he called the “Israeli enemy” through the declared zone. He added that their position on this remains unchanged.
This statement came shortly after the group carried out two deadly attacks in the Red Sea this week. The Houthis sank two ships and killed four seafarers. These were the first deadly attacks after several months of calm in the region.
Per industry sources, the shipping insurance costs for the Red Sea have more than doubled in recent days due to the recent attacks. The Red Sea is a key route for transporting oil and other commodities, but vessel traffic
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