News

UK residents warned of black tea shortage due to Houthi attacks

Bulk Black Tea
United Kingdom
Market & Price Trends
Innovation & Technology
Published Feb 14, 2024

Tridge summary

The UK's supply of black tea is under threat due to escalating Houthi attacks in the Red Sea, causing potential price inflation and a decrease in product variety. The Institute of Export and International Trade warns that these import disruptions could last for several months. Despite this, the Houthis claim they do not plan to block the Red Sea or the Bab El-Mandeb Strait, but are only targeting ships linked to or heading towards Israel.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

UK residents are facing a shortage of black tea due to the worsening situation in the Red Sea. Because of the Houthi attacks, prices for the British favorite drink could jump, the Times writes. Retailers claim that supply disruptions will not be significant for customers, but experts predict an increase in the cost of tea, price inflation and a reduction in assortment. The Institute of Export and International Trade believes that problems with the import of the drink will last for many months for the United Kingdom. The Houthis, meanwhile, said they do not ...
Source: Otr-online
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