World Oil and Gas Prices Have Not Yet Noticed Problems in the Red Sea

The Houthi rebels have deservedly assumed the role of planetary newsmaker in recent days. Their attacks in the Red Sea affected the whole world. Rarely have any terrorists been able to not only attract attention, but also achieve their main goal – to hurt as many people as possible. This is not surprising, writes industry market expert Alex Kimani. About 12% of global trade, including 30% of global container traffic, passes through the Red Sea, meaning delays there could potentially impact fuel prices as well as the availability of various goods and electronics. While the leading major shipping companies, as…