We begin with a tax on shipping in the red sea. The breaking news reported in the last half an hour that the ship hit by a missile off the year many port of aden. There are fears the disruption to global shipping could affect Energy Security here in europe. Industry watchers told the bbc at least three tankers carrying liquefied natural gas from qatar from tankers carrying liquefied natural gas from Qatarfrom Europe have stopped because of the risk of attack. Europe and especially the uk have become especially dependent from gas shipped in from the gulf as a government searches for an alternative to russian gas. Let us remind ourselves of the geography. The Suez Canal at the northern end of the red sea is one of the busiest routes. Avoiding it means a huge Day Tour around the cape of good hope, adding around nine days of sailing as much as 1 million in extra fuel alone. That is not including
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