Merchant ships warned of fresh strikes in Gulf of Aden

A renewed threat to commercial shipping in the Red Sea and Gulf of Aden is adding to wider fears over a deepening global energy and trade shock, with separate assessments by EOS Risk Group and DNV pointing to mounting risks for maritime transport, fuel costs and the broader world economy. 

According to a report by EOS Risk Group cited by newmoney, the maritime security firm has raised its baseline threat level for the southern Red Sea and Gulf of Aden to high (4/5) from March 30, warning...