This is

is CBS I in the world. I'm John Bachelor. Red Sea Basin.

London reporting in these last hours,

US launches fresh strikes on huthies as Red Sea trade disruption spreads.

Sabad Volvo Cars joins companies affected by delivery hold-ups as Yemeni Group's shipping route.

We have the good and the bad here.

U.S. forces on Tuesday, these hours, carried out fresh strikes on targets linked with

Huthi militants

amid disruption to global trade.

The same time the US Central Command is saying

it struck four anti-ship ballistic missiles

destroyed, intercepted.

But the Huthi succeeded hours later in launching a missile struck that struck the Zografia,

a Greek-owned Maltese flagship.

Why this is critical is that this is an economic war in addition to a

missile, a trading of missiles. The report from London by Reuters is that

insurance on a load carried through the Suez Canal

has gone from 0.7% premium to 1% premium and will climb higher.

I welcome Captain Jerry Hendrix, U.S. Navy,

Aviator, retired, to comment on not only the trade of missiles at the US

has launched now according to the FT three rounds of strikes against hoothe

targets in Yemen not only the crisis of the missile exchange the resupplying the Huthies as the U.S. Navy is interdicting the Huthi drones and the

...