Israel shipping costs rising as Red Sea attacks worsen ...Kuwait

The cost of shipping goods to Israel by sea has risen in recent days as some container lines pull out while others impose new surcharges, adding to the country's supply chain pressures amid its war in Gaza, shipping sources said. Israel, whose economy relies on seaborne trade, said in October it would provide compensation for ships damaged due to its war on the Palestinian enclave, although it has not detailed whether it will cover additional shipping costs. Iran-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show support for Palestinians following the start of Israel's military offensive in Gaza. Some shipping companies have res

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