Current:Home > StocksRed Sea tensions spell trouble for global supply chains -Wealthify
Red Sea tensions spell trouble for global supply chains
View
Date:2025-04-14 13:17:18
The Red Sea is a crucial piece of the global supply chain, accounting for around 15% of the world's shipping. This includes oil tankers and massive container ships transporting everything from microchips to furniture. Recent attacks by Houthi rebels, backed by Iran, have destabilized the region and prompted the U.S. to organize a multinational naval force to protect commercial ships. Today on the show, what's going on with shipping in the Red Sea.
Related Episodes:
A drought, a jam, a canal — Panama! (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (9873)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- A lawsuit challenging Alabama’s transgender care ban for minors will move forward, judge says
- Latest MLB rumors on Bellinger, Snell and more free agent and trade updates
- Bill Granger, chef who brought Aussie-style breakfast to world capitals, dies at 54
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Patrick Schwarzenegger Engaged to Abby Champion: See Her Stunning 2-Stone Ring
- Tamar Braxton and Jeremy JR Robinson Engaged Again 2 Months After Break Up: See Her Ring
- As social media guardrails fade and AI deepfakes go mainstream, experts warn of impact on elections
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Babe Ruth, Ty Cobb, 'Shoeless' Joe Jackson: Rare baseball cards found in old tobacco tin
Ranking
- Stamford Road collision sends motorcyclist flying; driver arrested
- As social media guardrails fade and AI deepfakes go mainstream, experts warn of impact on elections
- Israel launches heavy strikes across central and southern Gaza after widening its offensive
- Here’s what to know about Turkey’s decision to move forward with Sweden’s bid to join NATO
- Meta donates $1 million to Trump’s inauguration fund
- A Russian drone and artillery attack kills 6 in Ukraine and knocks out power in a major city
- Want to run faster? It comes down to technique, strength and practice.
- 8 cozy games to check out on Nintendo Switch, from 'Palia' to 'No Man's Sky'
Recommendation
Intellectuals vs. The Internet
9 people have died in wild weather in Australian states of Queensland and Victoria, officials say
Beer battered fillets stocked at Whole Foods recalled nationwide over soy allergen
Woman sentenced in straw purchase of gun used to kill Illinois officer and wound another
Meet first time Grammy nominee Charley Crockett
Nick Cannon's Christmas Gift From Bre Tiesi Is a Nod to All 12 of His Kids
Lucky NFL fan from NJ turns $5 into $489,383 after predicting a 14-pick parlay bet
Anthropologie's End-of Season Sale is Here: Save an Extra 40% off on Must-Have Fashion, Home & More