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hello. if you justjoined us, i m sally bundock. we will now talk through the top stories. if this is your first day back at work after a long christmas break we will bring you up to speed. and we start in the middle east, where the threat of military escalation continues to hang over the red sea. the us, britain, and their allies in the region are on alert to see if their warnings to the iran backed houthis are now working. attacks on commercial vessels have been happening since the war between israel and gaza began. houthis who are behind the attacks say it s in support of hamas and has turned a vital global trade route, that handles about 12% of the world s commerce, into a risky maritime passage. the uk defence secretary, grant shapps, said britain would not hesitate to take what he called direct action . meanwhile, bloomberg reports iran dispatched a warship to the red sea after the us navy destroyed three houthi boats. joining me now is janet mui, head of market ana ....
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