Israel's Eilat port to lay off half of its workers over Red Sea shipping crisis

Half of the 120 workers in Israel's southern port of Eilat are at risk of being laid off, after the seaport took a "major financial hit" due to ships avoiding Houthi attacks in the Red Sea, Reuters reports.

The port's chief said back in December that it saw an 85 percent drop in activity following the start of the Houthis' attacks on ships in the Red Sea. The Iran-backed Yemeni group said these attacks are in solidarity with Gaza.