US and UK missile strikes could signal the ‘beginning of the endgame’ in the Red Sea crisis but severe disruption will remain in ocean freight supply chains

Missile strikes by the US and UK against Houthi militia in Yemen has brought heightened tensions across the region with disruption to ocean freight shipping set to deteriorate further. At approximately 2.30am (Sanaa/Red Sea time) today, Friday, the US and UK military carried out air strikes on targets in Yemen in response to Houthi militia …