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Red Sea crisis: US freight rates up 70%, region disruption could impact India's crude oil imports

Published: January 8, 2024

Red Sea crisis: Global Trade Research Initiative (GTRI), a thinktank, has said that India must prepare for long-term shipping disruptions at the Bab-el-Mandeb Strait, which is crucial for India's crude oil and LNG imports.

Source: moneycontrol.com

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United StatesRed SeaDjibouti GeneralSaudi ArabiaBab El Mandeb StraitSunilk VaswaniGlobal Trade Research InitiativeContainer Shipping Lines AssociationSuez CanalGood HopeContainer Shipping LinesIndian ExpressNorth AfricaRed Sea AttackRed Sea CrisisSuez Canal CrisisUez Canal Attack