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Everstream Analytics’ list of 2024 supply chain risks also includes: environmental regulations, China trade war, geopolitical instability, commodity shortages, and cybercrime.
An ongoing disruption in the Red Sea due to Houthi attacks on vessels is the latest risk to supply chains.
U.S. Navy helicopters exchanged fire with Houthi militants from Yemen in the Red Sea on Sunday, U.S. Central Command said, in a marked escalation of tensions in one of the
BEIRUT -- The U.S. military said Sunday that its forces opened fire on Houthi rebels after they attacked a cargo ship in the Red Sea, killing several of them in an escalation of the maritime conflict linked to the war in Gaza. "We're going to act in a self-defense going forward," a White House official said.
Amid attacks on cargo vessels by anti-Israel militants in Yemen, BP is the first major oil firm to pause all shipments through the Red Sea, a move that pushed up oil prices and unsettled energy markets.