I'm Canadian. I would say that I don't think much about it in terms of current events, I haven't heard much in the news about it in recent years. And my assumption from that is that's probably a good sign. There used to be a steady stream of bad news, and "no news" lies along the path in between "bad news" and "good news."

I did see a video recently about Iraq's plans for a giant new port facility on that little tidbit of Persian Gulf shoreline it has and road/rail link from it up through to Turkey, and thence onward into Europe. It sounded like a very optimistic development if it can be seen through to fruition, opening an alternative trade corridor to the Suez Canal. Anything that diversifies a country's economy is a good thing, and anything that removes single points of failure in global shipping networks is also a good thing. I can't imagine the Houthi obstruction of the Red Sea would still be a thing by the time that route opens up but at least it'll be an option if something like it happens again.