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Houthi attacks in Red Sea double shipping costs from China to Europe

Brussels, April 8 (UNI) The cost of shipping a container from China to Europe has doubled, while insurance rates surged 60% due to the need to reroute vessels away from the Red Sea amid attacks by Yemen''s Houthis, EU foreign policy chief Josep Borrell said on Monday.

#Houthi attacks in Red Sea double shipping costs from China to Europe