In the Red Sea, the American and British navies intercepted at least 21 drones and missiles launched by Iranian-backed Houthi rebels from Yemen.
U.S. Defense officials suggest this could escalate U.S. involvement in the crisis.
Notably, 12% of global trade relies on the Suez Canal, serving as a vital link between the Red and Mediterranean seas for goods traveling between Asia and Europe.
Despite Houthi attacks leading some firms to reroute ships around Africa’s southern tip, shipping giant Maersk initially resumed Red Sea operations but later suspended them indefinitely after another Houthi attack on one of its vessels.