How attacks on ships in the Red Sea by Yemen s Houthi rebels are crimping global trade netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
How attacks on ships in the Red Sea by Yemen s Houthi rebels are crimping global trade wftv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wftv.com Daily Mail and Mail on Sunday newspapers.
Oil, natural gas, grain and everything from toys to electronics typically travel through the waterway separating Africa and the Arabian Peninsula en route to the Suez Canal, where 12% of the world's trade passes.
The attacks on commercial ships in the Red Sea by Yemen's Iran-backed Houthi rebels have rerouted trade that normally flows through the crucial corridor for consumer goods and energy supplies, a shift that's delaying shipments and raising transport costs.