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بوابة الفجر
Sea Freight: 42% of East Asia-Europe Trade via Red Sea
A maritime transportation expert stated that the Red Sea is a vital artery for global trade, with about 42% of goods coming from East Asia to Europe passing through the Suez Canal. He explained that shipping activity decreases from November to March and gradually begins to rise in April, with current demand increasing. He also confirmed that Houthi threats to carry out attacks in the Bab el-Mandeb Strait do not affect markets unless the event actually occurs, and their impact on oil prices is limited during periods of tension.
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