Houthi

Suez Canal Revenue Drops Almost 25% amid Houthi Attacks

The chairman of the Suez Canal Authority (SCA) warned on Thursday that the pivotal shipping passage lost nearly 25 percent of its revenue in the 2023-2024 fiscal year, largely as a result of attacks on civilian commercial ships by Yemen’s Iran-backed Houthi terrorists.

FILE - A cargo ship sails through the town of Ismailia, Egypt, March 30, 2021. Houthi rebe

Houthis Open Ramadan with Promise to Stage More Red Sea Attacks

The head of the Yemeni Houthi terrorist organization, Abdul-Malik al-Houthi, issued remarks on the eve of the Islamic holy month of Ramadan on Sunday guaranteeing to his supporters that he would continue to orchestrate terrorist attacks against commercial ships in the Red Sea despite the holiday season.

Houthi