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The Suez Canal crisis and its impact on global trade

Description

Context: A container ship called the ‘Ever Given’ was freed from the Suez Canal on March 29, 2021, a week after it ran aground and blocked other vessels from transiting one of the world’s most important waterways.

  • A human-made waterway, the Suez Canal is one of the world’s most heavily used shipping lanes, carrying over 12 per cent of world trade by volume.

https://indianexpress.com/article/explained/suez-canal-blockade-quixplained-7255344/

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