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Transcripts for BBCNEWS Asia Business Report 20240604 01:36:00

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Facing is that if you do not use the Suez Canal and the Red Sea you have to go all the way around contents and that adds 14 around contents and that adds 1a days or more to the Shipping Rout and an enormous amount of cost. So you start to see increases in cost for companies and then, ultimately, that could be passed on to consumers for a wide variety of product that normally transit through the Suez Canal. What is the next step . The Suez Canal. What is the Nextste . ,. ,. Next step . What do you expect policymakers next step . What do you expect policymakers and next step . What do you expect policymakers and Business Policymakers and Business Leaders asking for going forward was to mike i think they will ask for a diffusion of tension, please stop the attack in both directions. But it is attack in both directions. Emit it is challenging because it is a little unclear what the goals are. At the moment the houthi are. At the moment the houthi are saying it is about gaza and it is unclear how clear that meant quickly that situation will is stabilised. So you are left grappling with long Term Uncertainty about whether or not this route through the Red Sea will be viable

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