Red Sea developments add new dimension to supply chain risk in the Middle East: Moody’s

Red Sea developments add new dimension to supply chain risk in the Middle East: Moody’s

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RIYADH: Businesses and consumers may be negatively affected if trade disruption through the Red Sea continues, leading to increased transport and logistics costs, according to Moody’s. On Jan. 11, the US and UK began strikes on Yemen’s Houthis following attacks on commercial shipping through the…

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