Current:Home > InvestRed Sea tensions spell trouble for global supply chains -FinanceMind
Red Sea tensions spell trouble for global supply chains
View
Date:2025-04-16 10:35:37
The Red Sea is a crucial piece of the global supply chain, accounting for around 15% of the world's shipping. This includes oil tankers and massive container ships transporting everything from microchips to furniture. Recent attacks by Houthi rebels, backed by Iran, have destabilized the region and prompted the U.S. to organize a multinational naval force to protect commercial ships. Today on the show, what's going on with shipping in the Red Sea.
Related Episodes:
A drought, a jam, a canal — Panama! (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (5391)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- The fate of Nibi the beaver lands in court as rescuers try to stop her release into the wild
- Spider lovers scurry to Colorado town in search of mating tarantulas and community
- Indiana man sentenced for neglect after rat attack on his infant son
- South Korean president's party divided over defiant martial law speech
- Figures, Dobson clash in congressional debate
- Chappell Roan is getting backlash. It shows how little we know about mental health.
- The US could see shortages and higher retail prices if a dockworkers strike drags on
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- The fate of Nibi the beaver lands in court as rescuers try to stop her release into the wild
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Must-Shop Early Prime Day 2024 Beauty Deals: Snag Urban Decay, Solawave, Elemis & More Starting at $7.99
- Hurricane Kirk strengthens into a Category 3 storm in the Atlantic
- Eyeliner? Friendship bracelets? Internet reacts to VP debate with JD Vance, Tim Walz
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Pizza Hut giving away 1 million Personal Pan Pizzas in October: How to get one
- Eyeliner? Friendship bracelets? Internet reacts to VP debate with JD Vance, Tim Walz
- Guard charged in 2 deaths at troubled Wisconsin prison pleads no contest to reduced charge
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Virginia House candidates debate abortion and affordability as congressional election nears
Chappell Roan is getting backlash. It shows how little we know about mental health.
Lawsuit filed over road rage shooting by off-duty NYPD officer that left victim a quadriplegic
Buckingham Palace staff under investigation for 'bar brawl'
Judge denies Wisconsin attorney general’s request to review Milwaukee archdiocese records
'So many hollers': Appalachia's remote terrain slows recovery from Helene
DPR members talk Dream Reborn tour, performing: 'You realize it's not just about you'