Red Sea shipping crisis deteriorates rapidly as attacks intensify

The security situation in the Red Sea has taken a sharp turn for the worse over the past 48 hours, with back-to-back attacks on merchant vessels and Israeli airstrikes targeting multiple Yemeni ports. Yesterday, the Liberian-flagged bulk carrier Eternity C, operated by Greek firm Cosmoship Management, came under a coordinated assault involving drones, speedboats, and …