Red Sea attacks threaten to choke the global economy
The attacks in the Red Sea have threatened to throttle a vital part of the global economy that is already under pressure.
Source: brisbanetimes.com.au
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Companies, including Ikea, warn of possible product shortages and delays due to Red Sea attacks
The price to ship a container from China to the Mediterranean surged 44 per cent in December. Read more at straitstimes.com.
Source: straitstimes.com
Red Sea attacks: How will global trade be affected? – DW – 12/20/2023
After a rise in attacks by the Iran-backed Houthis, the world's largest shipping firms are staying away from the Red Sea and Suez Canal. Will we see another supply chain crisis?
Source: dw.com
How Red Sea attacks on cargo ships could disrupt deliveries and push up prices – a logistics expert explains
An Iran-aligned group has attacked ships in the Red Sea that it believes are heading to Israel, causing several companies to pause or divert shipments.
Source: theconversation.com
More than 100 container ships rerouted from Suez canal to avoid Houthi attacks
Cape of Good Hope diversion adds 6,000 nautical miles and three or four weeks to delivery times and has driven up oil prices
Source: theguardian.com