FRANKFURT, Germany (AP) — Missiles and drones are flying in the Red Sea, disrupting one of the world’s key trade arteries and a chokepoint for energy shipments headed for Europe.
Attacks by Yemen’s Houthi rebels over Israel’s war with Hamas are posing a new threat to the future of energy supplies to the 27-country European Union, which relies on imported natural gas to power factories, generate electricity and heat homes.
Tankers carrying liquefied natural gas — which is supercooled to travel by ship instead of pipeline — routinely pass through the Red Sea, and several shipments to Italy already have been canceled.
It’s causing anxiety, especially as Europe still
→ Continue reading at The Associated Press