Recent attacks by Houthi rebels in the Red Sea have prompted major shipping companies, including Maersk, MSC, CMA-CGM, and Hapag Lloyd, to reroute vessels, causing unprecedented disruptions. The attacks, directed at ships bound for Israeli ports in retaliation to the Israel-Hamas conflict, have forced alternative routes, adding thousands of extra miles and causing delays. Experts anticipate potential price increases, particularly for oil and gas. The severity and duration of disruptions depend...
https://mfame.guru/red-sea-attacks-spark-global-shipping-crisis-with-economic-turmoil/