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the cape of good hope. that s an extra 3,500 nautical miles, or up to two week s sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc s aaron heslehurst that these extra costs are already being passed on to consumers. it s one of the most important arteries of global trade and having to re route all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to do that, and probably a few months more as we have to get back then into into normal. so you need to see, i think, a stronger mobilisation. the other thing is that the level of threat is actually evolving and so for the coalition that is trying to put in place this safe passage, they need to constantly reassess the level of protection. but for us, it is really important that this is being addressed with diligence and with a strong mobilisation of the international community ....
And the threat of another conflict in the gulf has also raised the price of oil today, which has risen by more than 3% since the airstrikes against the houthi rebels that have been attacking ships. there have been warnings from the british retailer tesco among others that the battle to restrain inflation could be blown off course by these events. kathleen brooks is uk research director at xtb. what do you make of these warnings? well, we do know that goods that faded into our inflation baskets, sprinkles like clothing, furniture, that they are on both these vessels that they are on both these vessels that have had to be re routed. it really cost the shipper is a huge amount of monetary roots these vessels around africa rather than using the red sea. so we know that the goods around those vessels and ....