Will oil prices rise after Red Sea shipping curbs amid Houthi attacks? | Business and Economy News
Hijackings, missile strikes and drone assaults on ships by Yemen’s Houthi rebels have forced AP Moller-Maersk, a Danish shipping and logistics giant, and Hapag-Lloyd, a German shipping and container transportation company, to pause shipments through the Red Sea. Their decisions, announced on Friday, are a sign that major corporations are…