Houthi Strikes Target Key Trade Routes

Shipping lanes near the Red Sea are under threat again as Houthi rebels launch drone attacks. Major shipping companies are now rerouting vessels, causing delays and higher costs.

Ripple Effects On Global Markets

Oil prices ticked higher after tankers faced delays. Goods from Asia to Europe are taking longer to reach shelves. Economists warn that this could cause inflation to spike again.

Retailers Brace for Shortages

Walmart, Target, and other major retailers are preparing for late shipments. Products like electronics and textiles could see reduced availability during the next quarter.

Governments Are Getting Involved

The U.S. and allies are sending warships to secure the routes. But experts say a long-term solution will take time, and the economic impact could be lasting.

What This Means for Consumers

Expect higher prices, shipping delays, and more volatility in the markets. The next few weeks will be critical.