Current:Home > MarketsRed Sea tensions spell trouble for global supply chains -Ascend Wealth Education
Red Sea tensions spell trouble for global supply chains
View
Date:2025-04-15 15:15:56
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! (32)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Navajo Nation plans to test limit of tribal law preventing transportation of uranium on its land
- Some Ohio residents can now get $25,000 for injuries in $600 million train derailment settlement
- Georgia’s largest school district won’t teach Black studies course without state approval
- Retirement planning: 3 crucial moves everyone should make before 2025
- Mississippi man arrested on charges of threatening Jackson County judge
- Families seek answers after inmates’ bodies returned without internal organs
- Mega Millions winning numbers for July 30 drawing: Jackpot climbs to $331 million
- Federal hiring is about to get the Trump treatment
- Delaney Schnell, Jess Parratto fail to add medals while Chinese diving stars shine
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Olympic gymnastics live updates: Simone Biles, USA win gold medal in team final
- 3 inmates dead and at least 9 injured in rural Nevada prison ‘altercation,’ officials say
- Megan Thee Stallion set to appear at Kamala Harris Atlanta campaign rally
- Former longtime South Carolina congressman John Spratt dies at 82
- Firefighters make progress against massive blaze in California ahead of warming weather
- Texas’ floating Rio Grande barrier can stay for now, court rules as larger legal battle persists
- Democrats look to longtime state Sen. Cleo Fields to flip Louisiana congressional seat blue
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Jeff Bridges, Joseph Gordon-Levitt, more stars join 'White Dudes for Harris' Zoom
Paris Olympics highlights: Simone Biles and Co. win gold; USA men's soccer advances
USWNT vs. Australia live updates: USA lineup at Olympics, how to watch
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Wildfire doubles in Colorado’s Rocky Mountains as evacuations continue
Severe storms in the Southeast US leave 1 dead and cause widespread power outages
Powerball winning numbers for July 29 drawing: Jackpot rises to $154 million