Asia-Pacific maritime trade remains the backbone of global flows
December 4, 2025
The Iran-backed Houthi militia, which controls large parts of Yemen, has attacked numerous commercial ships in the Red Sea since mid-November 2023 ‘in solidarity with the Palestinians’. This poses a significant threat to the global economy, and has led to an escalation of tensions in the Middle East. The United States has launched an international operation in the Red Sea […]
