The Red Sea, historically a vital trade route, is now a focal point for complex geopolitical dynamics driven by major global powers and regional actors. China’s Belt & Road Initiative (BRI) has spurred significant infrastructure investments and military presence, amplifying competition with the United States and other stakeholders
Tag: Red Sea
The US and British militaries conducted a significant retaliatory strike against Houthi forces in Yemen, targeting over 60 sites. President Biden emphasised that these strikes were in response to Houthi attacks on international maritime vessels, posing threats to personnel, civilian mariners, and trade and increasing the regional geopolitical risk.
The Gulf of Aden and Red Sea maritime routes face heightened security concerns because of Houthi rebel attacks to support the Palestinian cause amidst Israel’s actions in the Gaza Strip. Despite the US Navy’s intervention and international commitments, major shipping companies are hesitant to resume operations, diverting routes or applying surcharges. The situation is dynamic, with varying risk assessments among companies.