Red Sea crisis from Houthi attacks hits world trade as cost of shipping soars by 170%

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Red Sea crisis from Houthi attacks hits world trade as cost of shipping soars by 170%

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World NewsEnglish • 1 year ago

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Companies are rerouting around South Africa to avoid militia attacks in Yemen in one of the biggest disruptions to world trade since the Covid-19 pandemic

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1•1 year ago
The actual cost hit due to the Houthis was 1.7%

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