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Half the workers at Israel’s Eilat Port are at risk of losing their jobs after the seaport took a major financial hit due to the crisis in Red Sea shipping lanes, officials said on Wednesday. Eilat sits on a northern tip of the Red Sea and was one of the first ports to be affected as shipping firms rerouted vessels to avoid attacks by Iran-backed Houthi militants in Yemen. Port management has announced it intends to fire half of the 120 employees. The dock workers, in response, on Wednesday held a protest. Eilat, which primarily handles car imports and potash exports coming from the Dead Sea, …

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