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How is the shipping crisis affecting the world economy?

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The U.S. launched new air strikes on the Houthis in Yemen, saying American forces destroyed four anti-ship ballistic missiles.

Oil giants Shell are the latest company to say they're suspending shipments through the Red Sea because of Houthi attacks.

How is the crisis in world shipping affecting world economics?

Sky's Economics Editor, Ed Conway reports.

Read more here: https://news.sky.com/story/middle-east-crisis-us-uk-launch-strikes-houthi-targets-israel-gaza-hamas-12978800

#missile #yemen #middleeast #davos #worldeconomicforum

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Category
World
Tags
houthis, houthi rebels attack ship, houthis claim attack in the red sea
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