$1 million in extra costs and weeks of delays. How the Red Sea crisis is upending global trade

Attacks on container vessels in the Red Sea have been wreaking havoc on one of the world’s most important trade routes for weeks, and shipping giant Maersk warned Thursday that the disruption could last as long as a year. Iran-backed Houthi militants stepped up their attacks on ships in late…#redsea #iran #houthi #israel #hamas #suezcanal #richardmeade #lloydslist #mediterraneansea #swedish
Source: Reuters: Health - Category: Consumer Health News Source Type: news