Indian exporters fear freight surge as US-Israel strike on Iran disrupts Red Sea routes

Exporters recalled that tensions in the Middle East following the Israel-Hamas war in 2024 had already disrupted shipments via the Red Sea route, forcing carriers to opt for longer voyages. The crisis had intensified on October 19, 2023, when Iran-backed Houthi rebels in Yemen began attacking civilian cargo vessels near the Yemeni coast. 

Indian exporters fear freight surge as US-Israel strike on Iran disrupts Red Sea routes
Exporters recalled that tensions in the Middle East following the Israel-Hamas war in 2024 had already disrupted shipments via the Red Sea route, forcing carriers to opt for longer voyages. The crisis had intensified on October 19, 2023, when Iran-backed Houthi rebels in Yemen began attacking civilian cargo vessels near the Yemeni coast. 

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

Economist Admin Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.