Red Sea tensions spell trouble for global supply chains

This podcast episode explores the escalating conflict between the Houthi rebels in Yemen and commercial shipping in the Red Sea. As a result, the War Risk Insurance has risen substantially, shipping companies are changing routes, and costs are increasing. The global supply chain is interconnected and vulnerable to events such as attacks, low water levels at the Panama Canal, and changes in international policy. The situation in the Red Sea is a major stress test for the industry.