Global Shipping Crisis

Analysts warn that recent attacks on commercial ships in the Red Sea by Houthi rebels may raise oil and goods prices. Companies, including Maersk, are diverting shipments via Africa's Cape of Good Hope to avoid the affected route, causing potential delays, as explained by Guy Platten from the International Chamber of Shipping. Meanwhile, the BBC reports that the disruption has led the United States to launch an international naval operation […]