Singapore’s Stake in the Red Sea: How It Contributes to the Operation Prosperity Guardian to Counter the Houthi Attacks
The Red Sea, a vital waterway for global trade and commerce, has been under threat from the Houthi rebels, a Yemeni group backed by Iran, who have launched more than 100 attacks on commercial vessels since October 2023. The attacks have disrupted the flow of goods and services, increased the costs and risks of shipping, and endangered the lives and …
