• Diva (she/her)@lemmy.ml
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    4 months ago

    Prior to the attacks, they would pay a 0.02% insurance premium to transit the Red Sea – or $20,000. Now that has jumped to upwards of 1% - or a cool $1 million. That is, if insurers are willing to underwrite the ship at all – which several insurers are no longer willing to do with ships affiliated with the United States, United Kingdom or Israel, which the Houthis have vowed to target.

    Skill issue, I would simply stop supply the genocidal ethnostate

    • Land_Strider@lemmy.world
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      4 months ago

      I’m gonna make a guess and say this is more effective than the sanctions imposed on Russia.