The two-month campaign by Houthi rebels against commercial ships in the Red Sea has caused severe disruption to global shipping. The US and UK have responded with a series of strikes against Houthi targets aimed at stopping further attacks and protecting trade through the crucial shipping route. Has it worked? Here, the Guardian has a look at the impact the strikes have had on trade. What action did the US and UK take ? In the early hours of 12 January, the US and UK armed forces launched a string of military strikes in Yemen . The strikes saw 60 targets hit across 28 Houthi-held locations in the west of Yemen, and targeted…
What impact have UK and US strikes had on Red Sea shipping disruption?
Technical buy / Sell Rating
Sentiments
Educational Videos
Live Forex Trading
What is Forex?
Types of Currency
Base and Quote Currency