Houthis threaten to ‘escalate attacks’ on red sea linked Bab el-Mandeb Strait : 4 ways this could hurt the Indian economy
- Posted on February 28, 2026
- By Financial Express
- 4 Views
Houthis threaten to ‘escalate attacks’ on red sea linked Bab el-Mandeb Strait : 4 ways this could hurt the Indian economy
US-Israel strikes on Iran and fresh Houthi threats in the Red Sea raise fears of trade disruption, oil price surge and a potential $30 billion hit to India’s exports as shipping costs and energy risks climb.
