Finance

Houthis pledge to spare European ships as Bab al-Mandeb traffic rises

The Financial Times reports a pledge not to target European vessels as container traffic through the key strait reaches a near three-year high.

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Owen Mercer
Markets and Finance Editor
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Source: Financial Times · View original source
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Shipping

The Houthis have pledged not to target European ships, according to the Financial Times, as container shipping through the Bab al-Mandeb Strait rises to its highest level in almost three years.

The strait is a key shipping route. The reported increase in container traffic comes alongside the pledge, though the source provides no details about the pledge’s scope or conditions.

The Financial Times summary does not identify who made the pledge or provide supporting data, a measurement period or further detail on the reported shipping level.

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