3 Popular Brands at Risk of ‘Red Sea' Shortages or Price Hikes

Recent Red Sea diversions triggered a prolonged energy market impact. Despite U.S. and ally strikes on Houthi rebels, experts predict a months-long crisis causing a cargo container shortage. Houthi attacks persist, intensifying after U.S. and U.K. strikes on January 11. Red Sea conflict hampers ocean shipping, diverting carriers from the Suez Canal. Rates surge, impacting companies like Ikea and BDI Furniture, prompting supply route evaluations. Ikea anticipates delays and constraints, while BDI Furniture s ...