Fears for global trade after US & UK-led attacks on Yemen

Just hours after US and UK-led attacks on Yemen aimed at preventing renewed assaults on shipping by Iran-aligned Houthi rebels, oil costs rose sharply.

It was also revealed that freight prices continued to surge over the past week. Sky’s Paul Kelso has been looking at the implications for global trade.

Read more here:
https://news.sky.com/story/shipping-costs-are-more-than-300-up-as-suez-shipping-crisis-deepens-13046610

#business #economy #trade #yemen #uk #usa

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