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Shipping Cost Soar

Containers are piled up in Lisbon, Portugal, on January 13, 2024. Recent U.S. and UK air strikes on Yemen are causing global shipping rates to spike, sparking fears of extended disruptions in the Red Sea, a crucial trade route. The strikes are a response to attacks on the Red Sea, adding complexity to the regional conflict originating from Israel's Gaza war. (Photo by Luis Boza/NurPhoto)

Photo Details

Photo ID	#10909430
Date Taken	13 January 2024
Location	N/A
Photographer	Luis Boza/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2025 NurPhoto - Luis Boza/NurPhoto

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NurPhoto Lisbon Europe Luis Boza 2024 Container Economy Higher Shipping Rates Containers Lisbon Portugal January 13 2024 U.S. air strikes UK air strikes Yemen global shipping rates disruptions Red Sea trade route response attacks regional conflict Israel Gaza war Luis Boza NurPhoto shipping international trade military action geopolitical tension maritime security cargo logistics supply chain Middle East naval operations defense strategy commerce transportation economic impact trade disruption freight.

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