7 hours agoThe big ship blocks the Suez Canal: Oil Price Increases
Periskopi(5 years ago)
(5 years ago)A giant ship the size of four football fields has blocked the Suez Canal, unable to turn around on one of the world's busy trade routes. Tens of ships are stuck waiting for rescue boats to clear the 400m long ship, which broke the course of the road because of the winds [...]
Tens of ships are stuck waiting for rescue boats to release the 400m long ship, which broke the road course because of strong winds.
Egypt has re-opened the old channel [s] is wrong spelling] to divert part of the traffic until the big ship moves again, writes BBC, translates Periscope.
About 12 percent of global trade passes through the Suez Canal, which connects the Mediterranean with the Red Sea and offers the shortest sea connection between Asia and Europe.
Such a ban, being carefully conveyed by all international media, can cause significant increases in the price of oil. /Periscope
