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Houthi Attacks on Shipping Cause Concern in Europe as Fresh Food Supplies Hit a Snag| Oneindia News
Video Credit: Oneindia
Published on January 28, 2024 - Duration: 02:36s
Houthi Attacks on Shipping Cause Concern in Europe as Fresh Food Supplies Hit a Snag| Oneindia News
The Red Sea crisis, marked by Houthi missile attacks on container vessels, is causing significant disruptions to the food trade.
Shipping route alterations and delays of up to three weeks for transport to Europe, coupled with rising container costs, pose risks to a range of product categories, threatening market competitiveness and impacting perishable goods worth billions of euros.
#RedSea #Europe #HouthiCrisis #Eurozone #FoodCrisis #Euronews #Worldnews #Oneindia #Oneindianews ~HT.292~GR.124~PR.274~ED.101~
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Houthi movement
Islamist political and military organization in Yemen
Oneindia
Indian online news portal
Red Sea
Arm of the Indian Ocean between Asia and Africa
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