The recent turmoil in the Red Sea is not an isolated incident, but rather deeply intertwined with the ongoing conflict in Gaza. Ebrahim Hashem, an Emirati Strategist and Asia Global Fellow at Hong Kong University's Asia Global Institute, sheds light on the complex roots of the crisis.
According to Hashem, the current Houthi attacks on shipping lanes in the Red Sea are a direct response to Israel's continued offensive in Gaza. These assaults aim to disrupt global shipping, highlighting the broader geopolitical tensions that extend beyond the immediate region.
Hashem emphasizes that the origins of this conflict trace back to 1948, with the establishment of Israel and the subsequent occupation of Palestinian lands. This long-standing issue has fueled regional instability, manifesting in actions like the recent disruptions in the Red Sea.
The strategic importance of the Red Sea cannot be overstated. It serves as a critical maritime route for over 20% of international container traffic and 15% of global trade. Disruptions here have significant economic repercussions, including spikes in oil prices and potential disruptions to global supply chains.
With major economies like India and China relying heavily on this route for their trade with Europe, the stakes are incredibly high. Hashem warns that continued instability could lead to increased global inflation and economic uncertainty, reminiscent of the supply chain disruptions experienced during the pandemic.
As the situation evolves, the international community remains on edge, aware that the roots of the Red Sea crisis are deeply connected to the broader Israeli-Palestinian conflict. Understanding these connections is crucial for addressing the underlying causes and seeking a path towards regional stability.
Reference(s):
Ebrahim Hashem: Roots of Red Sea crisis lie in Israel's Gaza brutality
cgtn.com
