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Red Sea Attacks on Pause, but Risks Remain for Shipping
A ceasefire deal brokered by Oman between the U.S. and Yemen’s Houthi forces has raised cautious optimism for the shipping industry. Under the agreement, Houthi groups will stop attacking vessels in the Red Sea and Bab al-Mandab Strait. However, they have stated that their campaign against Israel will continue. Security experts warn it is too