Red Sea attacks: Houthi attacks pose a significant threat to the global economy

The Red Sea Alliance, a U.S.-initiated naval coalition aimed at securing critical maritime routes in the Red Sea, faces significant challenges. With diverse responses from over 38 invited countries and key West Asian players hesitant to join, the coalition's unity and effectiveness are in question. The alliance, formed to counter maritime aggression by Iran-backed Houthi rebels in Yemen, grapples with national interests, regional sensitivities, and geopolitical complexities.