BBCNEWS Asia July 5, 2024
has been launched by houthi fighters in yemen on a us cargo vessel ship off aden. this comes after united states announced that it is returning the group to a list of global terrorist organisations. the escalating tensions in the red sea have many analysts concerned that the impact of these attacks will drive up the cost of living. some shipping companies have had to take a detour around africa — driving up costs— or have decided to suspend shipments indefinitely. mukesh sahdev — head of oil trading at the research firm rystad energy — describes what is at stake in the market...
Source: archive.org