Global trade to be affected by Red Sea attacks
After an increase in attacks by the Iran-backed Houthis, the world's largest shipping firms are staying away from the Red Sea and Suez Canal. Over the past week, most large shipping firms have said they will avoid the Red Sea and, therefore, the Suez Canal. Ships traveling from the Far East to Europe will need to make a detour around the entire African continent via South Africa's Cape of
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