I’ve seen plenty of memes talking about how the ship being stuck is f*cking the encino my, but how does it? Or is it bullshit?
In: Economics
The Suez Canal is one of the most used waterways as it lets you get from the Atlantic Ocean, through the Mediterranean into the Indian Ocean. This cuts short a route that otherwise leads aaaall the way around Africa. So that canal being blocked for 6 days means a lot of container ships had to wait or take a detour with goods from Asia to Europe and America. This will have some effect on the availability and price of goods that are shipped along that route.
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