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Red Sea Turmoil Sends Economic Shockwaves Far and Wide

(Bloomberg) Two months of missile, drone and hijacking attacks against civilian ships in the Red Sea have caused the biggest diversion of international trade in decades, pushing up costs for shippers as far away as Asia and North America. The disruption is spreading, fueling fears of broader economic fallout. Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028An Isolated Israel Doubles Do

Red Sea turmoil sends economic shockwaves far and wide

Repeated rounds of retaliatory strikes by the US and its allies, as well as a multinational naval operation to patrol the waters, haven’t stopped the assaults by the Houthi militants that followed the start of the Israel-Hamas war.

Red Sea Turmoil Sends Economic Shockwaves Across the Globe

Chaos in the Red Sea Is Starting to Bite Into Companies Profits

Chaos in the Red Sea Is Starting to Bite Into Companies Profits
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