2025 Red Sea Crisis In India . Discussion On The Impact Of The Red Sea Crisis On India YouTube The finance ministry said in its monthly economic review for February 2024 that high crude oil prices as a result of the Red Sea crisis may pose upside risks on India's inflation, economic growth. Houthi militia attacks in Red Sea force cargo ships to take longer route, impacting global trade & increasing freight costs.
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Red Sea Crisis US warns attacks could spill fertilisers into Sea worsening the disaster . Russia uses the conflict as a geopolitical lever, balancing arms sales/veto power with oil price concerns and relationships with Gulf states. Transit in the Bab al-Mandab Strait is still down by over 50 percent year-over-year
Red Sea crisis Rising insurance costs, inflation surge and containership detours CGTN America . "Shipping companies are demanding more containers now. The finance ministry said in its monthly economic review for February 2024 that high crude oil prices as a result of the Red Sea crisis may pose upside risks on India's inflation, economic growth.