Maersk halts Red Sea shipping until further notice after Houthi militant attack
Publishing timestamp: 2024-01-02 12:25:27
Summary
Maersk has paused shipping through the Red Sea and Gulf of Aden until further notice after one of its vessels was attacked by Houthi militants. The decision extends a 48-hour pause implemented immediately after the attack. The repeated attacks by Houthi militants have raised concerns about disruptions to global trade. Oil prices were volatile due to the tensions in the Red Sea, but traders are not convinced of a major supply disruption. The investigation into the incident is ongoing, and vessels will be rerouted if necessary.
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