Freight Firms Avoid Red Sea, Hitting Asia-Europe Supply Chains

Freight Firms Avoid Red Sea, Hitting Asia-Europe Supply Chains

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Attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea has forced leading global freight firms to reroute vessels to avoid the Suez Canal – the critical shipping route between Asia and Europe The group said it launched a drone attack on two cargo vessels in the area on…

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