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China is Paying Protection Money to The Houthis
For today’s article, I am giving an update on the situation in the Red Sea, where Houthis terrorists backed by Iran have been attacking international shipping since 19 November 2023 until the present times.
Most people would have noticed that goods are becoming more expensive due to the disruption of international shipping.
Thirty per cent of international container traffic goes through the Red Sea, and 12 per cent of Oil is also disrupted by Houthis attacking ships passing by.
Most of those ships now have to go around the Horn of Africa, taking the longer route around Africa, but a handful are still navigating this region.
When people start attacking ships and demanding extortion money, the smart thing to do is avoid that area.
However, there are a few exceptions.
The Houthis have largely left oil tankers alone, which mainly originate from Arab countries, to avoid global backlash because the Oil states in the Middle East depend on fossil fuels to run their economies.
If that is seriously threatened, they would bring down the hammer on the Houthis.
Russian cargo ships coming from the Black Sea have also been given the green light by the Houthis, thanks to relations with end destination…
