Container shipping costs increased 300%because of Houthi attacks on Red Sea carriers
Houthi attacks on the carriers in the Red Sea make container shipping costs to jump 300% and shipping companies shares prices to increase and earn $22 billion as these air strikes linked to the Israel-Hamas war cause shipping delays and drive up the price of goods as well as more than a hundred container ships are taking the long route to the Cape of Good Hope around Africa instead of Suez Ca