This is Jebel Ali port, the busiest port in the Middle East and one of the busiest ports in the world. It's also directly feeling the impact of the Red Sea crisis. Yemen's Houthi rebels have attacked 30 commercial ships since November, with the U.S. and coalition forces now conducting retaliatory strikes. As a result, there has been a significant spike in freight rates, delivery times and even product prices. The cost of transporting a 40 foot container spiked to $4,000 last week, up from around
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This is Jebel Ali port, the busiest port in the Middle East and one of the busiest ports in …
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