The situation in the Red Sea is in turmoil again, and the global timber supply chain faces disruption

Tensions in the Red Sea region have escalated once again. Reports indicate that on March 15 (local time), the U.S. military carried out large-scale airstrikes against Yemen’s Houthi forces, resulting in the deaths of at least 53 people across multiple areas, including the Yemeni capital, Sanaa, and Saada province. In response, the Houthis issued a video statement in the early hours of March 17. Spokesperson Yahya Saree declared that the group is fully prepared to retaliate and vowed to respond to the airstrikes with an "escalation of confrontation." This suggests that instability in the Red Sea ...