News Why Red Sea attacks matter for economy, inflation: Extra 10 days for 15% of international trade | Fortune

The United States called on the U.N. Security Council Wednesday to take urgent action
against Yemen’s Houthi rebels for attacking ships in the key Red Sea trade route and
warned their longtime financier Iran that it has a choice to make about continuing to
provide support to the rebels.

U.S. deputy ambassador Christopher Lu told an emergency council meeting that the
Houthis have carried out more than 20 attacks since Nov. 19 — and despite losing 10
fighters in a confrontation with U.S. forces after trying unsuccessfully to board a cargo ship
on Sunday, the rebel group announced Wednesday morning they had targeted another
container ship.

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