thank you very much, chris mason reporting. well, the strikes on cargo ships by the houthis have already had a major impact on international trade. our chief economics correspondent dharshini david is here with more. from furniture to energy, the billions of pounds of goods arriving on our shores are key to our lives. but it s that trade that makes us vulnerable to shocks thousands of miles away, from covid to the war in ukraine. could the escalation in the red sea be the latest threat to prosperity? the red sea shipping route typically looks like this one of the busiest, transporting 15% of traded goods, largely from east to west. but as vessels faced attack, as this latest map of activity shows, many major shipping firms have diverted around the cape of good hope. it takes 10 days longer, adding $1 million to the average container ship s fuel costs. but one shipping boss warns the impact could linger. having to re route all of these cargo now south of the cape
case for last night s military strikes from darshini david, whose here. clive, thank you. from furniture to energy, the billions of pounds of goods arriving on our shores are key to our lives. but it s that trade that makes us vulnerable to shocks thousands of miles away, from covid to the war in ukraine. could the escalation in the red sea be the latest threat to prosperity? the red sea shipping route typically looks like this, one of the busiest, transporting 15% of traded goods, largely from east to west. but, as vessels faced attack, as this latest map of activity shows, many major shipping firms have diverted around the cape of good hope. it takes ten days longer, adding $1 million to the average container ship s fuel costs. and one shipping boss warns the impact could linger. having to re route all of these cargo an hour south of the cape of good hope is going to create