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tl:dr - 2021 Ever Given shipping blockage but worse
It’s much more complicated and impactful than that. Commodities may take multiple trips through the canal in different forms before they become final products, and more sophisticated products that require multiple raw material sources spread across several vessels multiplies this problem. Vertical monopolies have min/maxed costs and revenue such that they’ve determined it’s cheaper to refine one material in country x, pay to ship it to county y for further refinement, then pay to ship it to country z for final assembly before shipping it a fourth time to where it will be sold. Companies that are not vertically integrated simply buy the materials they need to make their product but those materials have already been on a similar journey being sold from one company to the next, the price going up for each stage of refinement.
The alternative route around the southern tip of Africa adds roughly 2 weeks to shipping time. Many companies rely on materials constantly arriving in a timely manner so they can continually produce products to be sold. Adding a 2 week delay to receive a material and a 2 week delay to ship their product immediately puts a company at least a month behind on production.
If a product would require materials that went on multiple trips through the Suez canal then attempting to shift to an alternate route would dramatically increase the time it would take to produce. Simplistically, this causes a supply shortage and results companies losing profit and raising prices across all sectors.
The Houthis are trying to stop the Palestinian genocide by hitting capitalism in the balls. In a nutshell, if large companies start seeing a significant hit to their bottom line then they’ll begin pressuring the lawmakers and world leaders that benefit from those companies to stop the genocide.
Genocide stops -> Houthis stop attacking shipping -> companies get their profit
This doesn’t even touch the quagmire of politics in the region…
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Yemen is as much a southern vassal of Iran as Israel is a vassal of the US.
Haha… to old “I know I am, but what are you defense”.
Jesus, do they even teach critical reading anymore?
Even if what I wrote was a logical fallacy (it’s not, but go with it ) it sill wouldn’t be ‘I know I am but what are you’
It’s pointing out the stupidity of assuming everyone that you don’t like or disagree with is unified under some ‘big bad’. It’s pointing out the stupidity of thinking real life is like some Sitcom.
Yemen received some assistance from Iran, yes, but they are their own country with their own national interests.
Frankly, they have some long standing issues with Iran. What they aren’t is a proxy for Iran.
Iran does not want a regional war. I can promise you there is probably actual diplomacy right now from Iran trring to get them to back off.
But no, that goes out the window with your five year old understanding ‘Yemen is just a vassal of Iran so much that I won’t even name them’ stupidity.
Fucking grow up enough to view foreign policy as more than ‘my team good, your team bad’
There are other people in this thread that I think are morally evil for being okay with evil actions, but with an actual understanding of the situation. I have more respect for them than I do for your simplistic to the point of idiocy opinion.
It speaks volumes about you as a person, that you have more respect for people you find have evil morales and ideas than someone you find uninformed and simplistic. It probably explains your geopolitical stance too.
So stomping your feet and using a lot of words to call me stupid fits into the picture.
I cannot imagine Iran wants the current chaos to stop. The board is stacked against them so they have all the incentive to throw it over, or at least watch as someone else does it.
Yemen is 2 factions pitted against eachother so calling it a country with its own interests kinda overlooks the fact that the 2 factions have very different interests.
It’s possible to respect the abilities of someone you consider evil. You should always give your enemies as much respect as they are due. Otherwise you underestimate them.
Iran does not want chaos. A smaller power with a more powerful enemy rarely wants chaos. Nation States never do. They are inherently conservative in that aspect for obvious reasons.
Holding a city doesn’t make you a faction. It means that Ansarallah recognized that winning outright would require fighting their own people, and so they stopped when they did and switched to diplomacy. This is like saying the US has 8 (or however many, I’m not looking it up) political parties. It’s not wrong, but there are only 2 that have any power and saying otherwise would be a lie.
Don’t whine about someone calling your opinions stupid when they corrected you without insults and you responded with insults. Stupid insults.
This becomes really bad for Europe and really not so bad for everywhere else. Suez traffic is dominated by Asian exports to Europe.
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Do they “‘fail’ to even?” Are these AI generated? Maybe just a reflection on the quality of that website.
Reuters? It’s a Reuters article with Indian commentary afaik
Wut
I read it as “failure” to even (so much as) back (support) the action.
