MintPress News reports that U.S. naval efforts to counter the Red Sea blockade imposed by the Houthis have failed, leading to the bankruptcy of the Israeli port of Eilat.
The port's CEO, Gideon Golber, has requested financial assistance from the Israeli government, highlighting the catastrophic economic impact of the blockade. Despite military operations such as "Operation Prosperity Guardian" and "Operation Poseidon Archer," attempts to secure the passage of ships have failed, exacerbating the port's economic crisis. The blockade, in solidarity with Gaza, has paralyzed economic activity in Eilat.
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