- A dramatic 66% decline in shipping traffic through the Suez Canal due to vessel attacks has sparked concerns over inflation.
- The diversion of cargo around Africa has led to significant disruptions in global supply chains, impacting transit times and driving up costs for insurance, fuel, and wages.
The Office for National Statistics (ONS) reveals a staggering 66% drop in shipping traffic through the Suez Canal from mid-December to early April, following attacks on vessels. The diversion of...
https://mfame.guru/suez-canal-traffic-plunge-raises-inflation-fears-ons-report/