Britain has pledged military backing amid escalating tensions in the Red Sea, where Saudi Arabia has canceled its high-profile annual investor forum—the "Davos in the Desert"—following repeated attacks by Yemen’s Houthi rebels. The strikes, targeting commercial shipping, have disrupted global trade routes and raised concerns over regional stability. With the forum postponed, analysts question whether the disruptions will deter foreign investment in the kingdom. The move underscores the growing impact of the conflict on both economic and security dynamics in the Middle East.
Britain offers military support as Saudi cancels renowned 'Davos in desert" investor meeting due to strikes from Houthi forces in Yemen.