How much damage have the Houthis caused to the global economy?

The Houthis’ attacks on shipping in the Red Sea have significantly disrupted global trade, a critical artery handling 12-15% of the world’s commerce. Estimates suggest a range of $250 billion as of early 2025. For instance, shipping from Asia to Europe or the U.S. now takes about 25% longer, inflating logistics expenses and contributing to global inflation.
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What do you all think about this?
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Post news about Nigeria abeg
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