World News@lemmy.worldEnglish · 9 months ago

Red Sea crisis from Houthi attacks hits world trade as cost of shipping soars by 170%

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Red Sea crisis from Houthi attacks hits world trade as cost of shipping soars by 170%

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World News@lemmy.worldEnglish · 9 months ago

Companies are rerouting around South Africa to avoid militia attacks in Yemen in one of the biggest disruptions to world trade since the Covid-19 pandemic

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9 months ago
Any legitimate situation will be taken to gouge prices far beyond their actual additional costs. So yes, it is a convenient excuse.

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