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and the risk that inflation could spike again is growing as disruption to one of the world’s main trade routes persists. Attacks by Iran-backed Houthi militants in the Red Sea mean many ...
A new crisis is brewing in one of the world’s trade arteries, threatening to snarl supply chains and push up oil prices and broader inflation ... connecting the Red Sea to the Mediterranean ...
Read more: The wild attacks on ships in the Red Sea are another geopolitical shock that could drive up inflation Shipping costs surge The Houthis' attacks are already driving up big shipping ...
Since late 2023, cargo ships passing through the Red Sea have faced attacks from Houthi ... which could add 0.5 percentage points to core inflation, the rating agency forecast.
Lingering inflation also could pose a significant hurdle ... for two weeks — from Jan. 29 to Feb. 12 — because of the conflict in the Red Sea. “The considerably longer transportation times ...
The Red Sea conflict is turning from a minor to a major geopolitical event, as supply chain disruptions could be a game-changer for global inflation. "The conflict has led to attacks on vessels ...
Shipping through a crucial Red Sea route has slumped to its lowest level since attacks by Iran-backed Houthi rebels began, stoking fears that inflation could return. Just 927 cargo vessels ...
Osama Rabie affirmed Sunday that the security situation has become conducive for the gradual return of ships to navigate ...
Feb 22 (Reuters) - Attacks on merchant vessels in the Red Sea have delayed cargo and sent shipping costs higher, but soft demand and ample ship availability are muting the impact on inflation ...
NEW DELHI, March 22 (Reuters) - India's inflation and economic growth are at risk from the rise in oil prices caused by disruptions in the Red Sea, the government said on Friday, highlighting the ...