Houthis Eye Red Sea Transit Fees: New Bab el-Mandeb Charges Could Reshape Global Shipping

A fresh development in the Red Sea crisis could significantly impact global shipping and energy trade. Yemen’s Iran-aligned Houthi movement is reportedly considering imposing transit fees on commercial vessels passing through the strategic Bab el-Mandeb Strait, according to multiple regional and Western sources familiar with the discussions. The proposal comes […]

Read more