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Coverage dated January 2, 2024

Red Sea crisis boosts shipping costs, delays – and inflation worries

Headline from NBC10 Philadelphia

To avoid attacks by Iran-backed Houthi militants based in Yemen, carriers have already diverted more than $200 billion in trade from the Red Sea.

NBC10 Philadelphia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

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Reports & sources

5 articles, oldest first.

  1. NBC10 Philadelphia

    Red Sea crisis boosts shipping costs, delays – and inflation worries (opens NBC10 Philadelphia)

    Published

    NBC10 Philadelphia's feed description

    To avoid attacks by Iran-backed Houthi militants based in Yemen, carriers have already diverted more than $200 billion in trade from the Red Sea.

  2. The Guardian

    What is the Red Sea crisis – and what does it mean for global trade? (opens The Guardian)

    Published

    The Guardian's feed description

    Attacks by Houthi rebels along the trade route have led to firms pausing shipments – raising the possibility of a shock to the world economy

  3. Deutsche Welle

    Red Sea attacks threaten global trade – DW (opens Deutsche Welle)

    Published

    Deutsche Welle's feed description

    Attacks on container ships in the Red Sea have continued. There are fears the situation could potentially wreaking havoc on supply chains and the global economy.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Red Sea crisis boosts shipping costs, delays – and inflation worries | Since Then