US intelligence officials gave first public assessment of the attacks' economic impact.
- Houthi attacks on commercial vessels in the Red Sea led to a 90 per cent decline in container shipping through the area between December and February, US intelligence officials said in their first formal assessment of the rebel campaign’s economic impact.
Alternate shipping routes around Africa added around 11,000 nautical miles to each journey, increasing fuel costs by approximately US$1 million for each voyage.
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