1Yr·

Fewer and fewer shipping companies are sailing through the Suez Canal. The reason for this is the attacks by the Huthi rebels. The price of oil and freight rates are already rising.


Is this fueling inflation again? The exploding freight rates were one of the main reasons for inflation. Can the shipping companies repeat their record year 2022?


Do you have any thoughts on this?


https://www.bbc.com/news/business-67748605


https://m.focus.de/finanzen/news/rebellen-greifen-frachter-an-droht-naechster-preisschock-schiffer-meiden-suezkanal_id_259506340.html


$MAERSK A (-0.37%)
$MAERSK B (-0.66%)

$HLAG (+1.67%)

$MSC

$600428

previw image
2
16 Comments

profile image
The Americans should just send a few drones there and neutralize these terrorists, I don't think that will be a problem for long. Anyone who messes with the economy is messing with a $900 billion military budget, a few rebels won't itch for long
11
profile image
Time for the Americans to send a destroyer again, it looks like... This situation won't last, I predict. It wasn't much different in Somalia.
2
View all 2 further answers
profile image
Let's first clarify who would benefit from this. 😊 Rebels are controlled groups, option 1. The main winners are the UK and the US who sell oil to Europe and the top losers are Saudi and OPEC countries. I think it is a result of the last move of OPEC and Saudi Arabia to Russia. in my opinion oil prices in Europe could rise as UK and US become the only oil suppliers. option2. Russia - which is less likely. perhaps to push Europe to lift sanctions.
1
View all 3 further answers
profile image
What is the alternative? Drive around Africa? 😂
View all 6 further answers
profile image
It's definitely boosting the share. 🚀
Join the conversation