Attacks by Iran-backed militants in the Red Sea have effectively closed one of the world’s main trade routes to most container ships — vessels that carry everything from car parts to Crocs from one corner of the globe to another.

As the crisis persists, the stakes for the global economy are rising. https://cnn.it/3TPZaIP

How the Red Sea crisis could clobber the global economy | CNN Business
cnn.it

How the Red Sea crisis could clobber the global economy | CNN Business

Attacks by Iran-backed militants in the Red Sea have effectively closed one of the world’s main trade routes to most container ships — vessels that carry everything from car parts to Crocs from one corner of the globe to another.