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The John Batchelor Show

#Houthis: Insurance costs drive shipping from the Red Sea. Gregory Copley, Defense & Foreign Affairs

The John Batchelor Show

John Batchelor

Books, News, Society & Culture, Arts

4.52.8K Ratings

🗓️ 20 December 2023

⏱️ 16 minutes

🧾️ Download transcript

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0:00.0

This is CBS I on the world with John Bachelor.

0:07.0

Here's John Bachelor.

0:11.0

I'm John Bachelor.

0:12.0

I welcome Gregory Coppley, defensive. Here's John Bachelor. I'm John Bachelor.

0:13.0

I welcome Gregory Coppley, Defense and Foreign Affairs to comment on the two choke

0:18.0

points that we've built in the 20th century up to taking them for granted.

0:24.0

The Panama Canal, where a drought is severely limited.

0:27.4

The number of ships can come through

0:29.2

and how much cargo they can be carrying

0:30.9

when they come through.

0:32.4

And the Suez Canal, now damaged by the

0:36.6

huthi attacks into the Red Sea so that the container ships and the large oil ships are either diverting around the Cape of Good Hope or haven't made a decision yet through the Suez Canal.

0:49.0

I welcome Gregory to comment on the headlines we're getting from Europe, from London, the Pink She,

0:55.2

this is all very hurried up. Expanded US-led Naval Task Force to protect Red Sea

1:01.0

shipping as a tax mount.

1:03.7

It's called Operation Prosperity Guardian,

1:07.0

and it was announced by the Defense Secretary, Mr. Austin.

1:10.4

I note also that the Chairman of the Joint Chiefs General Brown is in the region in Israel.

1:16.0

Why this all matters is the Houthis who are firing drones and cruise missiles and sophisticated ballistic missiles at shipping and at the

1:26.8

U.S. Navy and at the French Navy and at the British Navy is the presumption. Those huthies are attached to Iran in some fashion.

1:36.2

They're said to have a very high risk tolerance, be ideologically driven, and are

1:41.1

well armed. They took over a country of 26 million people. They're encamped in the capital as

...

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