Houthis' Missile Attacks: Global Trade at Risk

0:00On April 1st, Houthis and Yemen just fired ballistic missiles at Israel, claiming military targets, but Israel says only a few got launched and all were shot down clean. This Iran-backed group rooted in Zadi Shia Islam from Yemen's northwest mountains now controls the capital Sana'i, much of the northwest and that. Crucial Red Sea Coast They started small in the 1990s under Hussain Al-Houthi, inspired by Iran's revolution, but grew into hundreds of thousands of fighters. After his death, brother Abdul Malik took over, modeling their setup on Hezbollah with Tehran providing weapons, training and intel, turning them into Iran's top. Proxy, now that Hamas and Hezbollah are weakened. These attacks hit hard on global trade. Since November 2023, they've struck over 190 ships in the Red Sea, where 12 percent of world trade flows, including tons of oil, shipping's way down, forcing routes around

1:00Africa's Cape of good hope, jacking up costs, times, and prices everywhere. They're innovating with a mix of Iranian ballistic missiles, cruise missiles, and homegrown drones reaching up to 1,500 kilometers even, building weapons locally in one of Earth's poorest spots. Its smart cost warfare, cheat drones forcing million dollar intercepts from the U.S. Navy and others. As they vow more strikes until aggression stops, the real worry is escalation, choking the Bob El-Mandeb straight alongside Hormuz issues, spiking, energy markets, and trade chaos, with Israel ready to hit back hard. The world's watching this mountain militia reshape the map.