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Reports claim Houthis make Red Sea vessel attacks a $2B business

FreightWaves
Summary
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The Houthis have attacked commercial shipping in the Red Sea with drones, missiles and watercraft, killing four people and sinking two vessels.

The Red Sea provides access to the Suez Canal to the north and the Gulf of Aden to the south.

The U.N. study found that the protection revenue is helping to finance and expand the Houthis ’ operations in the region.