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RE: LeoThread 2024-12-20 12:19

in LeoFinance3 days ago

Part 3/8:

These actions pose a substantial threat to international commerce, with the Bab-el Mandeb Strait responsible for the passage of around $1 trillion in goods annually. As a direct response to the Houthi aggression, many shipping companies are opting for longer, costlier routes around the Cape of Good Hope to avoid potential attacks, which is both economically burdensome and logistically challenging.

The Cost of Defense