Red Sea Blockade Undermining Global Commerce – Report

Jan 14th 2024 2:49am EST

Attacks on container ships have reduced traffic through the Suez Canal World trade plunged by 1.3% from November to December 2023 as a result of Houthi attacks on merchant vessels in the Red Sea, according to a new report by the IfW Kiel. The German economic institute said on Thursday that the volume of containers […]

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