Red Sea crisis drives inflationary trading costs
Even after last week’s US led air strikes Houthi missiles in the Red Sea continue disrupting trade and risking the re-ignition of the inflationary touch paper
Source: seatrade-maritime.com
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Red Sea container, dry cargo ship traffic plunges amid attacks
The container and dry cargo ship traffic through the Red Sea has posted a significant decline as shipping companies are forced to suspend their voyages through this route or divert...
Source: middleeastmonitor.com
Why Suez Canal disruption may not have a huge impact on inflation
Since mid-November, Iran-backed Houthi Rebels from Yemen have been launching attacks on ships using the Suez Canal, one of the world’s busiest trade routes.
Source: cityam.com
Defiant Al Houthi militants fire missiles at US destroyer, cargo ship as more oil tankers avoid Red Sea
Attacks come after US and allies began strikes on Friday on Iran-backed militants in Yemen
Source: gulfnews.com
How attacks on ships in the Red Sea are crimping global trade
LONDON (AP): The attacks on commercial ships in the Red Sea by Yemen’s Iran-backed Houthi rebels have rerouted trade that normally flows through the crucial corridor for consumer goods and energy supplies, a shift that’s delaying shipments and...
Source: jamaica-gleaner.com