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The global economy at risk due to Houthi attacks on ships in the Red Sea.

Red Sea is situated between Africa and Asia. This sea is an inlet of the Indian Ocean. It is renowned for its high salinity levels, making it one of the most saline bodies of water in the world. The disruptions caused by militants supported by Iran have had a significant impact on global trade via the Suez Canal, the most direct shipping route connecting Europe and Asia. This crucial waterway handles approximately one-sixth of the world’s total traffic.