MANAMA/DUBAI: The United States on Tuesday (Dec 19) launched a multinational operation to safeguard commerce in the Red Sea as attacks by Iran-backed Yemeni militants forced major shipping companies to reroute, stoking fears of sustained disruptions to global trade.The Houthi militant group, which controls vast amounts of territory in Yemen after years of war, has since last month fired drones and missiles at international vessels sailing through the Red Sea – attacks it says respond to Israel’s devastating assault on the Hamas-ruled Gaza Strip.This week, the attacks began to take a toll on global trade, disrupting a key trade route that links Europe and North America with Asia via the Suez Canal.Oil major BP paused all Red Sea transits, and a slew of top shipping firms including Maersk started diverting shipments normally made through Suez around the Cape of Good Hope on Africa’s southern tip. The new route around Africa adds days to journey times and raises costs. The list of companies avoiding the Red Sea continued to grow on Tuesday.The crisis, which has grown out of the war between Israel and Palestinian Islamist group Hamas, is the latest in the Middle East to pit the United States and its allies against Iran and its regional Arab proxy militias.Hamas killed 1,200 Israelis in a cross-border raid on Oct 7, drawing a devastating Israeli offensive that has killed more than 19,000 Palestinians in Gaza.
Related:
Red Sea attacks force rerouting of vessels, disrupting supply chains
Yemen rebels vow to keep up Red Sea attacks despite new task force
US announces 10-nation coalition to combat Houthi attacks in Red Sea
Iranian proxies including the Houthis and Lebanese Hezbollah have fired rockets at Israel since the conflict began. The Houthis, meanwhile, have stepped up their Red Sea attacks, threatening to target all ships heading to Israel and warning shipping companies against dealing with Israeli ports.US Secretary of Defense Lloyd Austin, who is on a trip to Bahrain, home to the US Navy’s headquarters in the Middle East, said Britain, Bahrain, Canada, France, Italy, the Netherlands, Norway, Seychelles and Spain were among nations involved in the Red Sea security operation.The group, widely dubbed in media reports a “task force,” will conduct joint patrols in the southern Red Sea and the adjacent Gulf of Aden.”This is an international challenge that demands collective action,” Austin said in a statement, announcing the initiative as “Operation Prosperity Guardian.” He called on other countries to contribute as he condemned “reckless Houthi actions”.But it was unclear how many other countries are willing to do what mostly US warships have done in recent days – shoot down Houthi missiles and drones, and rush to the aid of commercial ships under attack. A European diplomat whose country will take part in the task force said the idea of the operation was for participating nations’ ships to shoot down missiles and drones and accompany vessels through the Red Sea.The Houthis, in a statement late on Tuesday, said they were only targeting Israeli ships or ships heading into Israeli ports and posed no threat to any country, but accused the new US-led task force of being “part of the aggression against Gaza and the Palestinian people”.Mohammed Ali al-Houthi, a senior Houthi official, told Iranian TV on Tuesday that any country acting against Houthi forces would see its ships targeted in the Red Sea.A US military official who spoke on condition of anonymity played down the idea that naval ships would escort commercial vessels, given that hundreds normally travel the route daily, but said the US operation would position ships in areas where they could have the greatest security benefit.
IMPACT ON GLOBAL TRADE
BP’s decision to temporarily pause all transit through the Red Sea and oil tanker group Frontline’s saying its vessels would avoid passage through the waterway showed that the crisis was broadening to include energy shipments. Crude oil prices rose for a second straight day on Tuesday as the Houthi attacks on ships disrupted trade and more companies were forced to reroute vessels.Shipping companies continued to reroute on Tuesday. Denmark’s Maersk, which had paused Red Sea shipping, said it would sail its ships around Africa until further notice.Maersk said the Red Sea task force was a “positive” development, but said it was seeking more details on how it would work.”With the line of impacted vessels building fast in the area, progressing with speed will be key for the coalition in order to minimise direct negative impact on global trade,” a Maersk statement said.