News

EU trade chief: Houthi attacks lower Red Sea shipping by 22%

> , By 2024-02-27T12:30:00

european-union-trade-c

Valdis Dombrovskis warns of possible long-term effects on product prices

EU Trade Commissioner Valdis Dombrovskis says attacks by pro-Iran Yemeni Houthi rebels caused a drop in cargo shipping through the Red Sea by 22% in the past month. He warned of possible long-term effects on product prices.

 
Subscribe to IBI Plus
Subscribe to unlock this article

Keep reading for
£1 a week


Subscribe today for just £1 and enjoy unlimited access to
every article and story at ibinews.com and in the daily newsletter


With IBI Plus, you’ll enjoy:

  • +Unrestricted access to all subscriber-only content
  • +Explore 50,000+ archived articles and stories
  • +Tap into 50+ years of global boating insight
  • +Access exclusive market and company data to find out where your business stands
  • +Read sector and country reports across established and emerging markets

SUBSCRIBE Just £1 a week

There’s no commitment, you can cancel any time.

Already a subscriber? Log in