Current:Home > ContactRed Sea tensions spell trouble for global supply chains -Excel Wealth Summit
Red Sea tensions spell trouble for global supply chains
View
Date:2025-04-12 09:15:00
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! (5886)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Nashville school shooting families accuse senator of using bill to get his way in records lawsuit
- Avantika Vandanapu receives backlash for rumored casting as Rapunzel in 'Tangled' remake
- 2 deputies injured and 1 suspect killed in exchange of gunfire in Minneapolis suburb
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Report: Arizona Coyotes' 2024-25 NHL schedule has Salt Lake City relocation version
- Man gets 7½ years for 2022 firebombing of Wisconsin anti-abortion office
- California failed to track how billions are spent to combat homelessness programs, audit finds
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Trump says Arizona's 160-year-old abortion law goes too far
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 'Chrisley Knows Best' star Todd Chrisley ordered to pay $755K for defamatory statements
- Manhattan DA Alvin Bragg says Trump prosecution isn’t about politics
- Celebrate National Pet Day with These Paws-ome & Purr-fect Gifts for Your Furry Friend
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Lonton Wealth Management Center: Professional Wealth Management Services
- Agency probes Philadelphia fatal crash involving Ford that may have been running on automated system
- Report: Arizona Coyotes' 2024-25 NHL schedule has Salt Lake City relocation version
Recommendation
Trump's 'stop
Chiefs' Rashee Rice faces aggravated assault, seven more charges over multi-car crash
A Blair Witch Project Remake Is in the Works and Ready to Haunt You
Got kids? Here’s what to know about filing your 2023 taxes
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
How Ryan Gosling Fits Into Eva Mendes' Sprawling Family
He's back! Keanu Reeves' John Wick returns in the Ana de Armas action spinoff 'Ballerina'
Breaking from routine with a mini sabbatical or ‘adult gap year’ can be rejuvenating