- Sputnik International, 1920
Analysis
Enjoy in-depth, acute analysis of the most pressing local, regional and global trends at Sputnik!

'Father Christmas May Be Delayed': West's Antagonism of Russia, Iran Block Red Sea Alternatives

© AP Photo / Houthi Media CenterGalaxy Leader vehicles carrier.
Galaxy Leader vehicles carrier. - Sputnik International, 1920, 19.12.2023
Subscribe
For a continent so dependent on specific trade routes, Europe has short-sightedly used sanctions as a weapon against nations otherwise able to host alternative trade routes, hurting itself in the process, a consultant told Sputnik.
Recently, the Yemeni Shiiite militant group Ansarallah, which controls most of Yemen, have declared that Israel-linked ships will not be allowed to pass the Bab el-Mandeb, the narrow strait that links the Red Sea to the Gulf of Yemen and the Indian Ocean beyond. Other ships, they said, will still have free passage.
However, in response to the Yemeni declaration and to news that some ships with tenuous links to Israel had also been attacked, several major shipping companies, including Maersk, Hapag Lloyd, MSC, and oil giant BP have decided to stop using the waterway entirely.

Some 12% of seaborne petroleum and 8% of liquified natural gas (LNG) trade pass through the strait every year, part of $700 billion in annual trade that uses the waterway.

The anti-Israel blockade is part of Ansarallah’s response to the Israeli bombing campaign and invasion of the Gaza Strip, which has killed more than 20,000 people since early October and displaced almost the entire population of 2.3 million Palestinians. The group has also fired ballistic missiles at the southern Israeli city of Eilat.
Houthi rebel fighters display their weapons during a gathering aimed at mobilizing more fighters for the Iranian-backed Houthi movement, in Sanaa, Yemen, Thursday, Feb. 20, 2020. The Houthi rebels control the capital, Sanaa, and much of the country’s north, where most of the population lives. They are at war with a U.S.-backed, Saudi-led coalition fighting on behalf of the internationally recognized government. - Sputnik International, 1920, 18.12.2023
Analysis
US Military Action Against Houthis May 'Expand War' in Yemen
In response to Ansarallah’s declaration, the Pentagon announced on Monday the creation of a multinational task force dubbed Operation Prosperity Guardian to secure Red Sea trade for Israeli ships and restore the confidence of other cargo vessels to use the waterway. The task force includes the UK, Bahrain, Canada, France, Italy, the Netherlands, Norway, the Seychelles, and Spain, as well as the US.

The US has long opposed the rise of Ansarallah, taking part in the Saudi-led coalition war against the group that killed a quarter-million people in Yemen beginning in 2015 and devastated what was already one of the world’s poorest countries. The UN brokered a ceasefire last year, but talks on a more permanent peace and to establish the legitimate government of Yemen have been slow-going.

Paul Goncharoff, a businessman and chief manager of consulting firm Goncharoff, LLC, told Sputnik on Tuesday that “Father Christmas may not arrive” on time in the European Union this year, as the West has already antagonized all of the nations through which an alternative trade corridor might run.
He said the situation in the Red Sea “is extremely serious and has already delayed shipments from Asia to Europe for the Christmas Festive season,” he observed. “It impacts many delivery companies - a lot of Europeans will find their Christmas and New Year presents delayed this year, likewise for regular deliveries. Perishable items will be especially affected. There are likely to be significant insurance claims.”
Palestinians mourn their relatives killed in the Israeli bombardment of the Gaza Strip, at the Rafah hospital, Gaza. - Sputnik International, 1920, 18.12.2023
World
'Abhorrent War Crime': HRW Lambasts Israel for Gaza Starvation
Goncharoff said that redirecting freight traffic from the Red Sea to other routes would take time and not solve the present problem of delays.
“Europe has blocked routes via Russia, and the alternative INSTC [International North-South Transport Corridor] is not fully ready. Shipments around the Cape [of Good Hope] take rather longer and will not arrive until well after Christmas. As this is a seasonal market, many of these deliveries will lose their deadlines. Christmas Day is next Monday, deliveries cannot be made in time for that timescale.”
“The US and EU at present have no other alternatives as they have sanctioned Russia and Iran. They could have diverted ships via the Gulf and north via Iran, and then via Azerbaijan and Turkey to Europe's Black Sea Ports - however that route is now cut off. Or, they could have sent via Iran to Russia at Astrakhan and then over to the Baltic States, Poland and Belarus, but these borders are now closed to Russian and Belarussian traffic,” he explained.
Goncharoff said that compared to the March 2021 grounding of the container ship Ever Given in the Suez Canal for six days, the present situation “will have a longer and possibly long-term impact.”
“The Ever Given situation was just one ship, this situation is an ongoing conflict. Unless it is resolved this could take weeks or even months to resolve,” he said.
“Russia could play a role; however, its access to ports to Europe are sanctioned,” he noted. “In cutting the country off, the EU has limited their supply chains. When those come under unforeseen stress, the perils of the EU having limited access becomes apparent. It is a classic example of how the EU has not fully comprehended the impact of sanctions that they have imposed. Now it means that Father Christmas may either not arrive, or be delayed this year, at least in the UK and Europe.”
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала