Attacks led to a 250% spike in ship insurance and route changes, raising travel costs by 15%. This could hike the prices of goods sent by sea, affecting economies reliant on maritime trade.
from Latest News https://www.dnaindia.com/india/report-dna-tv-show-indian-navy-evacuates-21-member-crew-of-vessel-hijacked-in-arabian-sea-3073627
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