| Houthi threats to alternative routes spark textile trade concerns
21 Mar 24 60 min read
Insights
- The recent threat from the Houthis to attack the alternative trade route is causing concern among traders worldwide, as it poses a risk of another decline in trade.
- This adds to the growing uncertainty, resulting in higher insurance and transportation costs.
- Asian suppliers, already impacted by rising insurance expenses, are now anxious about order losses.
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