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Global Shipping Costs Hit Highest Level Since Red Sea Blockade

Summary by islamtimes.com
Global freight shipping costs have surged to their highest level since Yemen imposed its Red Sea blockade on “Israeli”-linked shipping, according to a report by the Financial Times, as businesses accelerate imports ahead of a new round of US tariffs set to take effect next month.
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islamtimes.com broke the news on Tuesday, June 30, 2026.
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