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UNRAVELLING THE GLOBAL TRADE WEB WITH INDIA CAUGHT IN THE STORM

The Sunday Guardian

|

January 07, 2024

At the heart of this conflict lies the strategic control exerted by Houthi rebels over parts of Yemen.

- DEVASYA VERMA

UNRAVELLING THE GLOBAL TRADE WEB WITH INDIA CAUGHT IN THE STORM

The recent surge in Houthi rebel attacks on ships in the Red Sea has not only intensified the conflict in Yemen but also sent shockwaves through the global trade landscape.

Emerging in the 1990s as a response to corruption, the Houthi rebels have evolved into a formidable force, drawing parallels with historical proxy conflicts. This article unravels the basics of the Houthi rebel situation, highlighting the strategic importance of the Red Sea and, more specifically, delving into the profound impact on India’s trade dynamics.

The roots of the Houthi rebels lie in their emergence as an armed group in Yemen during the 1990s. Initially, they championed a moderate theological movement within the Zaidi Shia minority, combating corruption and opposing then-President Ali Abdullah. Drawing parallels with the Taliban’s historical role as a proxy army, the speaker notes that the Houthi rebels are currently utilised by Iran in its geopolitical manoeuvres.

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