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

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.

 
Unlock this article
Unlock this article

Start your 7-day IBI Plus trial for just £1

Start your 7-day trial

Get unrestricted access to all IBI Plus content, including 50,000+ articles, company intelligence and market insight.

With IBI Plus, you can:

  • →Research companies, customers and competitors
  • →Track markets and industry developments
  • →Identify new commercial opportunities
START YOUR 7-DAY TRIAL FOR £1

No commitment — cancel any time.

Already a subscriber? Log in