Worry Houthi Attacks on Shipping Will Disrupt Progress on Cutting Inflation
The downward inflation path faces risks from disruptions to shipping through the Red Sea, a key route for goods and fuel headed for Europe.
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The downward inflation path faces risks from disruptions to shipping through the Red Sea, a key route for goods and fuel headed for Europe.
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Even more attacks on trade, the lifeblood of the West, this time off the coast of Iran in the Gulf of Oman.
U.S. and UK warships and aircraft shot down drones, cruise missiles, and a ballistic missile overnight, "the largest attack" by Houthis yet.