BP Joins Major Companies in Suspending Red Sea Shipments Amid Houthi Rebel Attacks

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Written By Jennifer Joslyn

BP has decided to halt all shipments through the Red Sea due to recent attacks on trade vessels by Houthi rebels in Yemen. This decision follows similar actions by other major companies like Maersk. The Houthi rebels are targeting trade in the region to disrupt Israel's conflict with Hamas. The U.S. Navy is working to establish a coalition to protect Red Sea trade routes, which are crucial for global oil transportation through the Suez Canal.

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Jennifer Joslyn
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