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Closure of Suez Canal halts trade worth $9.6 billion a day

The ship container stuck in the Suez Canal, blocking transit in both directions has halted trade worth up to $9.6 billion a day. The figure is based off an assessment by Lloyd’s List that suggests westbound traffic is worth around $5.1 billion a day and eastbound traffic approximately $4.5 billion. There are about 185 vessels […]