Red Sea crisis could last a year with Houthi attacks 'just increasing'
From oil to Home Depot, persistent Houthi attacks in Red Sea and diversion of oil tankers and shipping will lead to a freight supply crunch and higher prices.
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From oil to Home Depot, persistent Houthi attacks in Red Sea and diversion of oil tankers and shipping will lead to a freight supply crunch and higher prices.
Container ships are being forced to avoid the Red Sea and Suez Canal, the main route for shipments from Asia to Europe and an important one for deliveries to the US East Coast, after Iran-backed Houthi rebels started attacking ships as part of a campaign against Israel.
Container ships are being forced to avoid the Red Sea and Suez Canal, the main route for shipments from Asia to Europe and an important one for deliveries to the US East Coast, after Iran-backed Houthi rebels started attacking ships as part of a campaign against Israel.
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