Maersk Red Sea Pause: Assessing the Impact on Global Trade

Maersk Red Sea Pause: Assessing the Impact on Global Trade

The recent pause of Maersk’s Red Sea transit operations has highlighted the challenges faced by U.S.-led initiative Operation Prosperity Guardian. The Red Sea remains a critical global trade route, with the threat of attacks by Iranian-backed Houthi militants. The pause has led to disruptions in container rates and raised concerns about the long-term impact on…