Ongoing attacks by Yemen-based Houthi rebels in the Red Sea are causing disruption and economic instability, prompting concerns from Italy's defense minister and Hapag-Lloyd's CEO. The disruptions are likely to continue, leading shipping companies to avoid the Suez Canal route, potentially marginalizing ports in southern Europe and impacting Italy's economy.
Italy's defense minister: Houthi attacks and Red Sea disruption threaten Italy's economic stability - https://t.co/beB6Pngzd1
Red Sea disruption threatens Italy's economic stability - minister https://t.co/ni7U8lpvL6 https://t.co/bsz7asnUbH
Ongoing disruption in the Red Sea threatens to destabilize Italy's economy and marginalize ports in southern Europe, Italy's defense minister said on Thursday. https://t.co/qNRX2I0rjs
⚠️ RED SEA DISRUPTION THREATENS ITALY'S ECONOMIC STABILITY - MINISTER (Reuters) Ongoing disruption in the Red Sea threatens to destabilise Italy's economy and marginalise ports in southern Europe, Italy's defence minister said on Thursday. Attacks since mid-November on… https://t.co/UmKBlwJtbC
RED SEA CRISIS UNLIKELY TO END SOON, HAPAG-LLOYD CEO SAYS (Reuters) Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies to avoid the route through the Suez Canal, the head of Germany's Hapag-Lloyd told… https://t.co/PDc42LFbyR