Companies hesitant to return to Red Sea - analyst

5 months ago
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Analyst Tamas Varga from PVM Oil Associates told Reuters on Friday (January 12) that companies are hesitant to return to the Red Sea after the UK-U.S. strikes on Houthi targets in Yemen. He added that the prospect of an escalation is now the greatest fear among those concerned about the economic fallout from Israel's war on Gaza.

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