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The Yemeni militia kicked off an operation to hijack and strike suspected Israeli-affiliated commercial vessels sailing through the Red Sea in November over Israel’s military campaign in Gaza. The US responded by assembling a ‘coalition of the willing’ in December which almost immediately fell apart as major allies pulled out.
"We attach very high importance to freedom of navigation, free movement of commercial shipping. It is an evolving situation and we are looking at all aspects of it," Jaiswal said at a media briefing.
The situation around the Bab-el-Mandeb Strait, a crucial shipping route connecting the Red Sea and the Mediterranean Sea to the Indian Ocean, has escalated due to recent attacks by Yemen-based Houthi militants.
Three state-owned fuel retailers -- Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 21 month in a row.
Yemen's Houthi movement has claimed two new attacks on ships linked to Israel in the Red Sea in response to the ongoing conflict in Gaza