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against the houthi movement after the armed group launched several attacks against commercial ships. this was in response to the conflict in gaza. around 15% of global trade passes through the red sea which is connected to the suez canal. deborah from the hemrich foundation is watching the developments closely. if you are a commercial shipping agency the difficulties trying to navigate what is an incredibly fast moving set of risks which is unusual. normally in this world we have challenges, of course, but most of those challenges can be seen ahead of time and you can at least try to calculate where the risk is but when you have airstrikes and missiles lobbed in the direction of shipping it is hard to say whether your ship will get through safely or whether you will have a problem on your hands. deborah, trade in that region accounts for 15% of global trade.

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