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Graph showing global shipping being forced to detour around Africa’s Cape of Good Hope instead of passing through the Suez Canal via the Red Sea.
“12 percent of global trade passes though the Red Sea, including 30 percent of global container traffic, accounting for one trillion dollars of trade each year, delay and diversion there would cause significant disruption to world trade.”
“12 percent of global trade passes though the Red Sea, including 30 percent of global container traffic, accounting for one trillion dollars of trade each year, delay and diversion there would cause significant disruption to world trade.”