Houthi's attacks on vessels in Red Sea spike up shipping costs

The Eyewitness Reporter with agency reports The continuous attacks by the Iraqi-backed terrorist group, the Houthi, on vessels plying the busy Red Sea, has pushed up prices of shipping as most shipping lines have diverted their vessels to much longer routes. Container shipping rates for key global routes have soared this week, with U.S. and […]

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Headlines – Page 62 – Eye Witness News

Attacks in Red Sea force rerouting of vessels, disrupt supply chains

Red Sea attacks hike shipping costs 600% risk prolonging inflation

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