Houthi Attacks Cause 66% Drop in Suez Canal Traffic
Beskrivelse:
Houthi attacks in the Red Sea causing global trade issues, impacting supply chains, raising freight rates, creating port congestion in Asia and Europe. The Red Sea is an important artery of world trade, as some 12% of all commerce — approximately $1 trillion worth of goods annually—passes through the Suez Canal, located at its north-western edge.