Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit and threatening to halt a slowdown in food inflation that brought some relief to strained consumers. Vessels loaded with foodstuffs are among those avoiding Houthi attacks in the key waterway by sailing around Africa, a…
Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.
Italian exporters, which sell about $4.4 billion of agricultural produce to Asia, are worried that going around Africa will hurt freshness and add to costs for fruits.
Food Supply: Italian exporters, which sell about $4.4 billion of agricultural produce to Asia, are worried that going around Africa will hurt freshness and add to costs for fruits.