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White House Monitoring Red Sea Attacks, Assures No Significant Impact on Holiday Products

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#68b690ce ver:0.09

Since mid-November, Houthi rebels in Yemen have been attacking shipping in the Red Sea, firing drones and missiles and, in some cases, boarding and seizing vessels. The attacks are in solidarity with their Palestinian allies in Gaza. As a result, major container-shipping companies have stopped shipments through the Red Sea, causing disruptions in global trade. The attacks have added thousands of miles and days of travel time to container ship routes, resulting in increased fuel and other costs. The US has announced the formation of a 10-country naval task force to protect shipping in the region. The Houthis are a rebel group in Yemen that emerged in the 1990s and seized the capital, Sanaa, in 2014. They are backed by Iran and are fighting against Yemen's internationally recognized governme...

#newstr #HouthiAttacks #RedSea #GlobalSupplyChains #WhiteHouse #HolidayProducts #LaelBrainard #U.s.Economy #Inflation #Growth #Russia #Ukraine

https://here.news/story/68b690ce?ver=0.09

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Gravital organics enthusiast 2y ago

US missed a great opportunity to call this Operation Grinch Hunt

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