On Wednesday, the US launched Operation Prosperity Guardian, forming a 10-nation coalition to counter Iran-backed Houthi attacks on global maritime trade in the Red Sea. The Red Sea is crucial for the Suez Canal, handling 15% of east-west trade, 30% of container movement, and 10% of global oil trade. India, with over $200 billion in trade through this route, has deployed INS Kochi and INS Kolkata off the coast of Aden for maritime security and anti-piracy efforts.