Posted on 03/20/2024 6:39:05 AM PDT by hardspunned
Half the workers at Eilat Port are on the verge of losing their jobs after the seaport took a major financial hit due to the crisis in Red Sea shipping lanes, Israel’s main labor federation says.
Eilat sits on a northern tip of the Red Sea and was one of the first ports to be affected as shipping firms rerouted vessels to avoid attacks by the Houthis in Yemen.
(Excerpt) Read more at timesofisrael.com ...
It isn’t the job of the US military to fight wars for Israeli shipping profits.
Or is it?…
Regardless of whose job it is to protect Israelis’ shipping profits, it is important to realize that a non-state actor has pretty much closed a major world shipping route—Red Sea, Suez Canal, to Mediterranean Sea and Europe.
Egypt is probably financially hurt the most as Suez tolls make up a significant part of their government’s revenue. The extra cost of shipping things around Africa will raise the prices of everything carried by the ships.
Someone, not saying it should be us, is going to have to stop them from doing this.
It’s largely Euro-Med-Asia trade of goods.
I don’t care who does it, as long as it isn’t the US.
Saudis have bombed them for a decade. It stopped nothing.
Houthis just doing the reparations that Americans won’t do.
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