Container prices soar despite new attacks on Houthi rebels
World Business Report - A podcast by BBC World Service
Categories:
The US and UK have conducted a fresh series of joint air strikes against Houthi targets in Yemen.The Iran-backed Houthis have been targeting ships they say are linked to Israel and the West that travel through the important Red Sea trade route. Britain is planning new sanctions targeting sources of finance to the Houthis in the coming days as well. We examine what the Red Sea disruption means for the price of containers carrying goods between the West and Asia. And as the Oscar nominations are announced, presenter Sam Fenwick looks at how the film industry is recovering its finances after the recent spate of strikes.