Current:Home > FinanceRed Sea tensions spell trouble for global supply chains -Wealth Harmony Labs
Red Sea tensions spell trouble for global supply chains
View
Date:2025-04-14 13:26:28
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! (269)
Related
- Intel's stock did something it hasn't done since 2022
- Water samples tested after Maine firefighting foam spill, below guidelines for dangerous chemicals
- Trial on new Georgia election certification rules set to begin
- Sabrina Carpenter jokes at NYC concert about Eric Adams indictment
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- Las Vegas memorial to mass shooting victims should be complete by 10th anniversary
- Nobody Wants This Creator Erin Foster Reveals Heartwarming True Story That Inspired the Netflix Series
- Channing Tatum Admits He's Freaking Out Over Daughter Everly's Latest Milestone
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- 'THANK YOU SO MUCH': How social media is helping locate the missing after Helene
Ranking
- Billy Bean was an LGBTQ advocate and one of baseball's great heroes
- Who was Pete Rose? Hits, records, MLB suspension explained
- Biden says Olympians represented ‘the very best of America’
- Channing Tatum Admits He's Freaking Out Over Daughter Everly's Latest Milestone
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Angelina Jolie Drops Legal Case Over 2016 Brad Pitt Plane Incident
- West Virginia lawmakers delay taking up income tax cut and approve brain research funds
- New reality show 'The Summit' premieres: What climber was the first to be eliminated?
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Ancestral land returned to Onondaga Nation in upstate New York
Angelina Jolie was 'scared' to sing opera, trained 7 months for 'Maria'
The US is sending a few thousand more troops to the Middle East to boost security
'Most Whopper
Hall of Fame center Dikembe Mutombo dies of brain cancer at 58
Tyler Cameron’s Girlfriend Tate Madden Shares Peek Inside Their Romance
Barbra Streisand, Dolly Parton, Martin Scorsese and more stars pay tribute to Kris Kristofferson