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A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route. Attacks in recent days on ships in the major Red Sea shipping route have raised the spectre of another bout of disruption to international commerce following the upheaval of the COVID pandemic, and prompted a U.S.-led international force to patrol waters near Yemen.

Following the attacks on commercial ships in the Red Sea, the International Transport Workers' Federat

A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders...

Some ships traveling through the Red Sea are now turning off their tracking systems to avoid being attacked by Yemen’s Iran-backed Houthi rebels, a report…

For a continent so dependent on specific trade routes, the European Union has short-sightedly used sanctions as a weapon against nations otherwise able to host alternative trade routes, hurting itself in the process.