The Houthi, a rebel movement in Yemen, has been attacking merchant ships in the Red Sea for over two months now, impacting a crucial waterway that represents 12% of global trade traffic – and there’s concerns the growing tensions could impact the course of inflation as energy prices fluctuate. For the majority-Shiite Islamist group, the vow has been clear: to join the Hamas-Israel war, protect Palestinians, and target all vessels bound for Israel by launching missiles and naval drones. Equally evident is the impact that the attacks are having on shipping in the Suez Canal, which has been facil…