Houthi attacks disrupt global wheat shipments

The Yemeni Houthi militias have claimed responsibility for the raids and rocket attacks - most recently on a British oil tanker at the weekend - as a way of showing their solidarity with the radical Islamic Hamas and wanting to force an end to the fighting in the Gaza Strip. The rebels supported by Iran are thus severely disrupting the movement of goods on the Suez Canal route, the shortest sea route between Asia and Europe. At least 10 percent of the total world trade volume usually passes through the route every year. 40 percent minus Recently, however, shipping companies were forced to switch to the route around the South African Cape of Good Hope, which was several days longer, despite a resolution by the UN Security Council and military intervention by the USA and Great Britain. This is also reflected in global wheat shipments, as Agra-Europe writes. According to recent data from the World Trade Organization and the International Grains Council, just 500,000 tons of wheat ...