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Red sea crisis: Suez Canal traffic drops to 3-year low | WION World DNA



A global trade turbulence is unfolding as the red sea crisis sends shockwaves through key economies. In the united states, disruptions loom large as warnings heighten for maritime activities. China faces a critical juncture as attacks on commercial vessels put its strategic investments at risk.

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The number of commercial ships using the Swiss Canal fell to its lowest point since the ever given closed it’s over 3 years ago well these this underscores the degree to which assaults on ships in the Red Sea are forcing International Trade to take a more expensive and timec

Consuming path which is across which is around Africa instead as of Sunday the 7-Day moving average of daily SS crossings by bulk cargo ships container carriers and tankers dropped to 49 and this as for a data platform run by Oxford University and the international monetary fund the latest reading is less

Than the 7day average of 70 transits recorded a year earlier and lower than the 2023 daily top of 83 transits in late June it’s also the lightest traffic flow through Swiss since early April 2021 back then a massive container carrier wed itself between the canals banks for almost a week in late March

2021 that rattles a Supply chains for months as iding ships scramble to get back on schedule Additionally the numbers indicate a correspondence corresponding rice p p me in the ship’s numbers sail past Africa’s southernmost point as the Cape of Good Hope top shipping CEO see no short-term end to the Red Sea

Disruptions Egypt is grappling with the hit from the impact of the Swiss Revenue while Saudi Arabia is incredibly concerned about the regional security European Central Bank president becomes the first top policy maker who war that supply chain disruption could fuel inflation again Von is now available in your

Country download the app now get all the news on the move

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