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    Red Sea: Why is it important to trade and could crisis increase prices?

    by Anna Wise Jan 12, 2024 3 minutes
    Source: PA Archive

    The UK and US have launched “targeted strikes” against Houthi rebels in Yemen after weeks of attacks on international shipping in the Red Sea.

    Prime Minister Rishi Sunak said the UK will “always stand up for freedom of navigation and the free flow of trade” after conducting the strikes overnight.

    Here, the PA news agency looks at why the region is a key trade route and what the knock-on effects of continued disruption could be:

    – What is happening in the Red Sea?

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