Deadly attack on Red Sea ship adds to global supply chain uncertainty

© UNDP Ships sailing to and from the Red Sea and the Suez Canal represent 12 to 15 per cent of global trade, according to the UN trade agency UNCTAD.This article is published in association with United Nations. A strike on a merchant ship off the southern coast of Yemen that reportedly killed several seafarers on Tuesday threatens to reignite deep concerns about global trade, amid the ongoing Iran-US war that has choked shipping in the Strait of Hormuz. Tweet URL Key points “It is […]
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