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Red Sea shipping crisis sends shock waves through Asian fuel markets: things are getting worse, not better

The cost of shipping fuel from South Korea to Singapore jumped almost 50 per cent over the last week, according to a maritime market data company.

Red seaDjibouti generalSouth koreaAnoop singhTrafigura groupBaltic exchangeSk energy coOil brokerage ltdIran backed houthiMiddle eastOil brokerageRed sea shipping crisisAsia fuelFreight costs

Attacks by Houthi rebels have unraveled key global trade route

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine.

White houseDistrict of columbiaUnited statesIsrael generalBlack seaOceans generalRed seaDjibouti generalCity ofUnited kingdomNew yorkTom krisherSteve lamarDavid mchughKelvin chanFrank conforti

Attacks by Houthi rebels have unraveled key global trade route

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine.

New yorkUnited statesIsrael generalWhite houseDistrict of columbiaUnited kingdomRed seaDjibouti generalCity ofBlack seaOceans generalSteve lamarTom krisherAnne dinnocenzioClifton broumandFrank conforti

Attacks by Houthi rebels have unraveled key global trade route

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine.

White houseDistrict of columbiaUnited statesRed seaDjibouti generalUnited kingdomIsrael generalNew yorkCity ofBlack seaOceans generalStuart machinJan hoffmannDavid mchughJudah levineKatheryn russ

Attacks by Houthi rebels have unraveled key global trade route

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine.

United statesRed seaDjibouti generalCity ofUnited kingdomBlack seaOceans generalIsrael generalWhite houseDistrict of columbiaNew yorkRyan petersenStuart machinKelvin chanJan hoffmannAnne dinnocenzio

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