What is the impact on Indian trade flowing through the Red Sea? Whether exporting to Europe, the U.S. east coast and even to countries in North Africa, the longer route is being used. For instance, the Red Sea crisis could come in the way of any plans to reduce pump prices of petrol and diesel. The UN has said “no cause or grievance” could justify Houthi attacks against freedom of navigation in the Red Sea. The UN has said “no cause or grievance” could justify Houthi attacks against freedom of navigation in the Red Sea.
Source: The North Africa Journal January 06, 2024 20:05 UTC