Houthi attacks on Red Sea shipping raise global trade concerns
In a troubling week, Houthi militia targeted merchant ships in the Red Sea and Gulf of Aden, creating chaos...
Source: biznews.com
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In a troubling week, Houthi militia targeted merchant ships in the Red Sea and Gulf of Aden, creating chaos...
Global trade to be affected by Red Sea attacks
The attacks are an expensive dislocation of global trade flows and will almost certainly put pressure on inflation rates just as they were cooling in many countries
Oil giant BP will pause all shipments of oil through the Red Sea after recent attacks on vessels by Houthi rebels.
US, UK, and French warships are shooting down Houthi threats in the Red Sea, but there's s concern over shipping delays and inflation.