Thursday, July 17, 2025

The British newspaper Middle East Eye reported that the enemy entity is experiencing a state of confusion and deep anxiety following the recent Yemeni strikes on ships in the Red Sea. Global insurance companies are now hesitant to cover war risks for vessels linked to the enemy, or even indirectly linked to it. This reflects the expanding scope of the deterrent effect of the Yemeni naval forces.

According to the newspaper, the Zionist enemy has recently sought to open channels of communication with marine insurance companies in a desperate attempt to save what remains of the shipping traffic linked to the port of Haifa, after panic spread among international ship operators about approaching occupied ports for fear of losing insurance coverage.

The recent Yemeni attack on the two Greek-owned vessels, Magic Seas and Eternity Sea, flying the Liberian flag, was considered the most powerful and widespread in terms of coordination and firepower. This forced American insurance companies, primarily Travelers, to make strict decisions not to renew war risk coverage for these vessels, causing heavy losses for the operators estimated at $20 million, according to the newspaper.

The sources indicated that the decision to refrain from providing insurance was not based on a direct targeting by Yemeni forces, but rather on the fear that any connection—even indirect—to the occupying entity would be sufficient to deprive the ships of insurance protection. This had a serious impact on shipping traffic towards enemy ports, especially the port of Haifa, which has effectively become part of the blockade zone.

While the enemy "government" is attempting to suggest that the blockade does not fully affect its ships, the newspaper asserted that the on-the-ground impact of the Yemeni operations has transformed the Red Sea into a dangerous passageway, forcing global shipping companies to divert their routes to the Cape of Good Hope, despite the long distance and exorbitant costs, to avoid being targeted or having their insurance exposed.