Houthi Attacks in Red Sea Disrupt UK Retailers and Exporters
TL;DR
Yemen's reprisal operations in support of Palestinians in Gaza have significantly impacted UK retailers and exporters, with shipping costs from Asia to Europe doubling and logistical delays adding up to three to four weeks to delivery times. The British Chambers of Commerce reported that over half of British retail companies have been affected, urging the UK government to support exporters amid weak global demand and higher costs. The Yemeni forces have vowed to continue their strikes as long as the Israeli regime sustains the war and siege against Gaza, which has resulted in significant casualties among Palestinians.
Topics:businessinternational-trade#gaza#international-trade#shipping-costs#supply-chain-disruptions#uk-retailers#yemen
- Yemen's pro-Palestine operations strike heavy blow to UK retailers: Report Press TV
- New Freighters Could Ease Red Sea Cargo Disruptions The New York Times
- Red Sea attacks delaying goods and pushing up costs, firms say BBC.com
- Most UK exporters hit by Red Sea disruption, survey shows Reuters
- Half of UK exporters say Houthi attacks in Red Sea disrupting business Al Jazeera English
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