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Now playing Next Economy Inflation risk as Red Sea attacks send shipping costs sky high Houthi attacks in the Red Sea have disrupted crucial trade routes between Europe, the Middle East, and Asia, leading to concerns of renewed inflationary pressures. 24/01/2024
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Now playing Next Business Euroviews. The Red Sea conflict may see Europe's economic concerns heighten All the goods and merchandise travelling by container will not only reach their destination late but prices will now reflect increased costs. This will mean higher prices on shelves which, in turn, will lead to an overall increase in inflation, Osama Rizvi writes. 15/01/2024
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Now playing Next Israel Red Sea strife: All you need to know about the crisis hampering world trade Attacks by Houthis have severely disrupted shipping in the Red Sea, a vital waterway that accounts for 12% of world trade. 28/12/2023
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Now playing Next Business Shipping giant Maersk prepares to restart operations in Red Sea Denmark's Maersk, like several other shipping companies, had paused Red Sea journeys due to Houthi attacks in the area. 26/12/2023
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