Red Sea Attacks Raise Global Supply Chain Concerns

The four largest Western shipping operators have suspended their activities in the Red Sea and, with it, the Suez Canal due to security concerns following attacks by Houthi militias on their merchant ships in response to the Gaza War. Bab al-Mandab is a narrow strait between Africa and the Arabian peninsula. An estimated 12 percent…

The post Red Sea Attacks Raise Global Supply Chain Concerns appeared first on EPS News.