Fragile ceasefire brings hope for Red Sea revival

By and 2025-01-21T12:58:00

Credit Xeneta Ocean Freight (1)

Source: Xeneta.

There was positive news out of the Middle East this week with an agreement between Israel and Hamas to pause fighting, raising hopes for the resumption of shipping services in the Red Sea. However, uncertainty looms as risks of resumed attacks and volatility in global trade routes remain high.

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