Big brands have warned about supply shortages due to the shipping disruption through the Suez Canal The disruption of cargo ships in the Red Sea due to attacks by Houthi militants from Yemen is causing global shippers to redirect vessels, potentially leading to increased prices for goods. Swedish furniture giant IKEA announced this week that it was exploring options to secure the availability of its products that are mainly delivered through the Red Sea and the Suez Canal from Asian factories to Western markets. “The situation in the Suez Canal will result in delays and may cause availability constraints for certa
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