Red Sea shipping slumps after US airstrikes in Yemen trigger retaliation fears

Commercial shipping entering the Bab al-Mandab Strait to exit or transit the Red Sea slumped sharply early Jan. 12, after major shipping bodies urged operators to avoid the Red Sea for up to 72 hours amid risks of retaliatory attacks by Houthi rebels in Yemen following US-led airstrikes overnight. By 1230 GMT, 20 commercial ships …

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