Attacks in the Red Sea add to global shipping woes
Panama Canal bottlenecks already pushed up freight rates
Recent attacks on vessels in the Red Sea have led major shipping companies to halt shipments through the waterway which is a key route for oil, refined products, and other consumer goods.
Read more here: https://www.marketwatch.com/story/attacks-in-the-red-sea-add-to-global-shipping-woes-d117ccf4