China has been funding the Iran-backed Houthi movement that has been plaguing Western military and cargo ships in the Red Sea for months, Western intelligence has warned.
The Houthis have repeatedly targeted Western-flagged ships transiting through the sea inlet between Asia and Africa after pledging their unflinching support to Hamas following Israel‘s declaration of war.
The ongoing blockade has had considerable repercussions on shipping, as approximately 15 percent of global trade operates through the Red Sea into the Suez Canal.
China is estimated to buy as much as 90 percent of Iran’s oil, including crude sold by the paramilitary arm of Tehran’s Islamic Revolutionary Guards (IRGC).
The organisation, the Quds Force, has been known to fund and train militants operating across Iran’s terror proxies in the Middle East, including the Houthis.
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But with the Houthis persistently attacking …