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Additionally, the upcoming peak shipping season—spanning the third quarter of the year—is likely to face severe disruptions if the crisis persists or worsens, especially during high-traffic periods like Christmas and the year-end festivities.
Conclusion: An Uncertain Future for Global Trade and Security
The Red Sea crisis exemplifies how regional conflicts, driven by proxy rivalries and ideological struggles, can threaten the stability of global trade routes. Despite international efforts, the attacks by Houthis threaten to escalate further, potentially involving new actors and expanding into other maritime corridors.