EconomyRegionWorld

British companies bear the exorbitant cost of tensions in the Red Sea.

More than a third of British companies are facing higher transportation costs and delayed delivery of goods due to Houthi attacks on ships in the Red Sea, and this increase in transportation costs can lead to an increase in the price of goods in Britain to be.

The long route of the Cape of Good Hope, in the southernmost point of the African continent, as an alternative option, causes a delay of three to four weeks in the delivery of goods.

In addition, some companies point to an increase of more than 300% in fares.

Since the start of the war in the Gaza Strip, Yemen’s Houthis, in support of the Palestinians, have attacked Israeli ships and its allies in the Gulf of Aden and the Red Sea.

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