EU trade chief: Houthi attacks lower Red Sea shipping by 22%

> Subscriber-only, By Robert Wielaard2024-02-27T12:30:00

Valdis Dombrovskis warns of possible long-term effects on product prices

EU Trade Commissioner Valdis Dombrovskis says attacks by pro-Iran Yemeni Houthi rebels caused a drop in cargo shipping through the Red Sea by 22% in the past month. He warned of possible long-term effects on product prices.

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