There are growing fears that an extended period of disruption to supplies of imported goods will raise costs for customers in the weeks and months ahead.

Shell has refused to comment on a report that it has suspended shipments through the Red Sea amid attacks on freight by Iran-linked Houthi rebels.

The oil and gas major was said, by the Wall Street Journal (WSJ), to have taken the decision last week to avoid the short route to Europe via the Suez Canal indefinitely.

The paper, citing a number of sources, said there was concern within the company that US and UK strikes on Houthi targets in Yemen could be met with further escalation, placing crews and vessels at a greater risk.

  • @[email protected]
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    510 months ago

    Oh yeah. Trump actively wants the economy to fail so he can use it to his advantage. This is doing wonders for him. Fuck Iran

    • @S491
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      -310 months ago

      How about fuck israel and their genocide and fuck the US for not forcing a ceasefire. The houthis have stated they are hitting ships because of the ongoing genocide in palestine.

      • @MeanEYE
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        210 months ago

        Such a dumb thing to say. You don’t negotiate with terrorists because then they know terror works. Only outcome from that is increase in the amount of terror actions and increase in demands.

      • @[email protected]
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        210 months ago

        How ignorant. The Houthis are following orders from Iran, which all of this resulted when Hamas also followed orders from Iran to attempt a genocide, except they’re extremely weak compared to the IDF. I’m not supporting the IDF and I think Israel is fucking this whole thing up under Netanyahu, who is a horrible person, but let’s not forget what started this operation

        We could have had so many peace deals, but the Palestinians turned many down. And Hamas doesn’t want peace. They want to destroy Israel.