The Insurance Business Magazine published on 1 August 2025 an article titled "Escalating Houthi Attacks in Red Sea Trigger New Global Supply Chain and Insurance Challenges" by Gia Snape.
The renewed Houthi attacks on international shipping in the Red Sea by Iran-backed Houthis in Yemen have the potential to raise energy costs and disrupt supply chains. Many shipping companies are once again diverting cargo around the Cape of Good Hope. Insurers have increased their marine risk premiums.
