Jaishankar Warns of Economic Impact as Houthi Attacks Disrupt Red Sea Shipping

Brief by Shorts91 Newsdesk / 02:16pm on 17 Jan 2024,Wednesday India

External Affairs Minister S Jaishankar expressed concern over Houthi rebel attacks in the Red Sea, disrupting shipping routes. He emphasized that the diversion of vessels has economic costs for India, affecting energy and economic interests. The minister called for a swift resolution to the issue, highlighting the distinct challenges posed by piracy, drone, and missile strikes. Meanwhile, during his official visit to Iran, Jaishankar discussed accelerating bilateral agreements, including the Chabahar Port Development Plan. The attacks led to shipping diversions, prompting Shell to indefinitely suspend Red Sea shipments. Global responses include US and British retaliatory strikes in Yemen.

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