Report to Congress on Economic Effects of Red Sea Disruptions

Capt. John

The following is the May 8, 2024, Congressional Research Service In Focus report, Red Sea Shipping Disruptions: Estimating Economic Effects.

From the report

Attacks by the Yemen-based Ansar Allah (Houthi) movement in the Red Sea and Gulf of Aden since November 2023 have disrupted a critical maritime passage for global supply chains, creating bottlenecks at the Suez Canal and Bab al-Mandab Strait—one of the world’s most significant trade chokepoints—and forcing vessels into longer and more costly...

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