The Houthis have used missiles and drones obtained from Iran to attack ships passing through the Red Sea.

The repercussions of the Red Sea traffic crisis due to attacks by the Houthi group on passing ships continue to affect maritime shipping, supply chains and the cargo shipping industry.

First-half earnings in Asia revealed that the ongoing impact of the Red Sea crisis will continue to be a costly burden for companies that manufacture goods for export, while companies that transport these goods benefit from higher freight rates as the crisis deepens.

The European naval mission (Aspedes) said on Sunday that the towing operation of the ship Sunion, which was attacked by the Houthis in the Red Sea last August, was successful and it is now being towed to a safe location.

A new attempt to rescue a burning oil tanker in the Red Sea began Saturday after attacks by Houthi rebels in Yemen, a European Union naval mission said.

Instability in the region has become a growing concern for world powers, prompting an increase in military and security cooperation agreements aimed at securing these routes, countering Iran's influence and limiting arms smuggling in the region.