The U.S. has reclassified the Yemen-based Houthi rebels as terrorists following their second attack on an American-operated ship in the Red Sea. This move is expected to have a significant impact on global trade. What Happened: The U.S. has re-added the Houthi rebels to its list of terrorist organizations, reported Reuters. This decision comes in the wake of the rebels’ second attack on a U.S.-operated vessel in the Red Sea region on Wednesday. The Houthi militia, which is allied with Iran, has been targeting ships in the region since November. These attacks have disrupted trade between Asia a…
