Yemeni rebels repeatedly attack merchant ships, Suez Canal traffic drops by 40 per cent

The traffic volume of the Suez Canal dropped by more than 40 per cent as Yemen rebels repeatedly attacked merchant ships.

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According to United Nations data, the Yemen rebels' Commercial traffic through the Suez Canal has dropped by more than 40 per cent in the past two months since the Houthi attack, sparking United Nations concerns about global trade.

Jan Hoffman, president of the United Nations Conference on Trade and Development (UNCTAD), told reporters today, "We are very concerned that attacks on shipping in the Red Sea will exacerbate global trade tensions and add to existing trade disruptions caused by geopolitics and climate change. More serious." The United Nations Conference on Trade and Development said that in the past two months, ships were diverted from the Red Sea to South