"Global Concerns Rise Over Red Sea Shipping Disruptions"

1 min read
Source: Bloomberg
"Global Concerns Rise Over Red Sea Shipping Disruptions"
Photo: Bloomberg
TL;DR Summary

Some ship insurers are avoiding covering US and UK merchant ships against war risks in the southern Red Sea following recent airstrikes on Yemen, as Houthi militants have increased attacks on commercial ships in response. Two commodity carriers were struck by missiles but were able to continue their voyages.

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