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SitRep: Red Sea Region

Updated: Jul 6

Political and Diplomatic Developments

The Red Sea region continues to experience heightened instability due to the ongoing conflict in Yemen and increased Houthi aggression. Recently, the Houthis have intensified their attacks on commercial vessels, drawing widespread international condemnation. The UN Security Council has stressed the importance of adhering to international maritime laws and called for de-escalation to ensure the safety of maritime routes essential for global trade and humanitarian efforts (UN, 2024).


Economic Implications

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