Canada and a coalition of countries, including the U.S., Japan and the U.K., issued a joint statement warning Yemeni-based Houthi fighters to cease their attacks on commercial ships in the Red Sea on Wednesday.
They say the attacks threaten innocent lives from around the world, disrupt important humanitarian aid and increase the cost of international trade by driving up shipping costs as vessels face delays, longer journeys and higher fuel costs to circumvent the key waterway.
The Iranian-backed Houthi militants have stepped up attacks on vessels in the Red Sea since November to show their support for Palestinian militant group Hamas fighting Israel in Gaza.
Anne Gaviola explains why tensions have flared in the region and how the domino effect could stoke inflation in Canada.
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