Sen. Markwayne Mullin (R-Okla.) spoke to the Iowa caucuses on the “bottom line” in response to the U.S. and British military's launch of an offensive against the Houthis in Yemen.
tesla and volvo announced last week that it would suspend some production in Europe due to parts shortages caused by shipments being rerouted from the Red Sea and Suez Canal due to threats of attacks by Iranian-backed Houthi militants in Yemen. did.
Tesla on Thursday halted most car production at its Gigafactory near Berlin from January 29 to February due to a shortage of parts on board a ship that was rerouted from the Red Sea and Suez Canal to near the Cape. It will be suspended until the 11th, he told Reuters. Good Hope on the southern tip of Africa.
Tesla said in a statement: “The armed conflict in the Red Sea and the resulting change in shipping routes between Europe and Asia via the Cape of Good Hope are impacting Grünheide production.” “Significantly longer transit times are creating gaps in the supply chain.”
Houthi attack on Red Sea shipping risks reigniting global supply chain crisis
Maersk and other shipping companies have rerouted ships around Africa, away from the Red Sea and the Suez Canal, and via the Cape of Good Hope to avoid the threat from Iran-backed Houthi militants. (Photo credit: Marcus Brandt/picture Alliance via Getty Images / Getty Images)
The Berlin Brandenburg Gigafactory is located near Gruenheide. Tesla assembles electric cars It's sold in Europe. The company did not say which parts delays were impacting factory operations.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 218.89 | -8.33 | -3.67% |
Volvo owns the majority Companies based in China Geely Automobile announced that production at its plant in Ghent, Belgium, will be suspended for three days next week due to delays in gearbox deliveries.
Several tanker operator Shipping giants such as Maersk and Hapag-Lloyd have similarly suspended Red Sea sailings and rerouted shipments to other parts of Africa following Houthi shipping attacks. Maersk said in early January that it expected the route change, which would take about 10 days and add $1 million in fuel costs, to continue for some time.
Oil tanker diverts from Red Sea after joint US-UK airstrike against Houthis in Yemen
In this photo released on November 20, 2023, a Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea. (Houthi military media/Handout via Reuters//File Photo/Reuters Photo)
of Iranian-backed Houthi militants They acted in protest of Israel's war against Hamas in the Gaza Strip. Although the Houthis say they only target Israeli vessels or vessels bound for Israeli ports, many of the vessels targeted have no connection to Israel.
“If the Houthis continue to threaten human life, the global economy, or freedom of commerce in the region's vital waterways, the Houthis will be responsible for the consequences,” the group of 14 countries, including the United States, said in a joint statement last week. announced.
The plane took off to join the US-led coalition conducting airstrikes against military targets in Yemen, targeting Iranian-backed Houthi militias that have been targeting international shipping in the Red Sea. (U.S. Central Command, via X/Reuters/Reuters Photo)
of us navy And the Royal Navy shot down a drone and a missile launched by the Houthis against ships in the Red Sea. They are working as part of an international mission called Operation Prosperity Guardian, which aims to protect shipping in the region from Houthi attacks and piracy.
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Last week, the United States and Britain, along with several other countries, launched airstrikes against Houthi targets in Yemen to counter the threat.
FOX Business' Bradford Betz and Reuters contributed to this report.
