Somalis rethink trade routes as Houthis disrupt established shipping channels
Somalia's business community is seeking alternative shipping routes due to disruptions and security concerns around the Bab al-Mandab Strait and the Strait of Hormuz after Iran-backed Houthis captured a key port city and an island, sending thousands of Yemenis fleeing to neighboring Djibouti.
TL;DR
- Somali businesses are seeking alternative shipping routes.
- Disruptions and security concerns exist around the Bab al-Mandab Strait and Strait of Hormuz.
- These concerns are a result of Iran-backed Houthis capturing a key port city and an island.
- Thousands of Yemenis have fled to neighboring Djibouti due to these events.