Red Sea attacks already bigger issue for supply chain than pandemic, maritime advisory warns

Containers are piled up in Lisbon, Portugal, on January 13, 2024. Recent U.S. and UK air strikes on Yemen are causing global shipping rates to spike, sparking fears of extended disruptions in the Red Sea, a crucial trade route. The strikes are a response to attacks on the Red Sea, adding complexity to the regional conflict originating from Israel’s Gaza war. (Photo by Luis Boza/NurPhoto via Getty Images)

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