The transportation of natural gas smoothie “will be affected” due to the escalation of tension in the Red Seawarned this Tuesday the prime minister of Qatar, one of the largest producers in the world.
“Liquefied natural gas (…), like all other commodities, will be affected” by “dangerous climbing” in the Red Sea, off the coast of Yemen, declared Mohammed ben Abdulrahman Al Thani at an event at the World Economic Forum in Davosin the Swiss Alps.
In recent weeks, Yemen’s Houthi rebels have multiplied attacks in the Red Sea to merchant ships that they say are linked to Israeli interests.
The rebels, who control part of the country, including the capital Sanaa, and have the support of Iran, say they are acting in solidarity with the Palestinians in Gaza, bombed by Israel since October 7 within the framework of the war between the Hebrew State and the Islamist movement Hamas.
In response, and with the argument of guaranteeing freedom of navigation in this route through which 12% of world trade transits, the United States and the United Kingdom recently bombed Houthi targets in Yemen.
Likewise, several shipowners decided to avoid the area, which translates into an increase in delivery times and costs in transporting goods between Asia and Europe.
“There are alternative itineraries, but (…) they are less effective than the current itinerary“, highlighted the Prime Minister of Taste.
Questioned about the British and American attacks on Friday and Saturday against Houthi targets, Mohammed ben Abdulrahman Al Thani estimated that the military strategy “It will not put an end to this situation or contain it.”
“On the contrary, I believe that this will lead to a new escalation“said the leader, who asked to focus on”the central issue, which is Gaza”.
Source: Gestion

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