Ruptured supply chains, rising oil prices, and resurgent inflation. The Red Sea crisis is rekindling memories of the Ukraine War
It’s now day 30 of the Red Sea crisis—and month four of worries of a wider Middle East conflict, the possibility of which has concerned economists and politicians alike since the Oct. 7 outbreak of the Israel-Hamas war. Over the past month, Houthi militants based in Yemen have repeatedly attacked…
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