Yemen’s Houthi movement has denied reports that it plans to impose charges on ships transiting the Red Sea. The group stated that the critical maritime route remains open for international shipping. This announcement comes amid broader concerns over maritime security in the Red Sea and Bab al-Mandeb Strait. Prediction market data indicates a decrease in the perceived likelihood of the Bab el-Mandeb Strait closing by the end of September. The Houthi denial has influenced market expectations related to maritime access in the region.
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