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Several incidents of reported Somali piracy have added to security concerns in the Horn of Africa, while the Houthis continue to menace Red Sea shipping

The disruption is affecting raw materials and consumer goods all along the supply chain. Oil from countries such as Iraq and Saudi Arabia has been disrupted by in the chaos.

Red Sea: On Wednesday, a third commodity carrier in three days was struck, this time by a drone. Senior officials in the shipping industry privately acknowledge that many crew are now frightened at the prospect of transit.

The US and UK's decision to hit back at Houthi militants after weeks of attacks on merchant shipping in the Red Sea has only escalated the chaos across

The decision by the U.S. and UK to hit back at Houthi militants after weeks of attacks on merchant shipping in the Red Sea has only escalated the chaos across the shipping industry, underscoring the threat of an enduring supply-chain crisis.