This is a

is CBS I and the world. I'm John Bachelor with Malcolm Holline Conference of

Presidents Major American Jewish Organizations Statistics

before the huthie attacks on Red Sea shipping,

the average number of ships passing through Red Sea and the Suez was 70 per day.

Since then, it's gone to 49 and is going lower. Before the attacks

there was no particular premium on passageway through the Red Sea and the

Suez Canal.

There was 0.7% charged for insurance depending upon the worth of your load.

Now it's going to 1% and is expected to go higher.

Major shippers such as Merersk of saying we're planning

on this lasting months so we're diverting around the Cape of Good Hope. There's

reason to believe that the revenue in Cairo is sinking badly and a fragile governance in Egypt, down 30%

when I checked.

All this because the Huthies have missiles, some of them very good missiles supplied by Iran.

We welcome Ari Chichiral of the Jewish Institute for National Security of America,

who visited us before the Huthi attacks began to talk of Iranian ambition in the Red Sea.

A very good evening to you. At this point the U.S. response is to continue to announce strikes against launch sites.

I believe there have been four, there might be a fifth one going out right now.

However, that is not either stop the Huthies or in any fashion interfered in a way that the

shippers can trust going back into the Red Sea. What is your measure about the

huthies and their intentions?

...