The U.S. launched new strikes against Huthi anti-ship missiles aimed at the Red Sea on January 18 as growing tensions in the region's sea lanes disrupted global trade and raised fears of supply bottlenecks that could reignite inflation. The two Huthi anti-ship missiles targeted were being prepared to fire into the Red Sea and deemed "an imminent threat" to shipping and U.S. Navy vessels, the U.S. military said. Attacks by the Iran-allied Huthi rebels on ships in and around the Red Sea since November have already slowed trade between Asia and Europe.
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