Red sea trade disruptions to affect the fertiliser, capital goods sectors the most: Crisil report

News Snapshot:

The Houthi rebels' attacks in Yemen to pressurise Israel to stop its offensive against Hamas in Gaza have wider implications for global trade via the Suez Canal. According to Crisil, out of all the sectors, India’s trade of fertilisers and capital goods has been affected the most because of Houthi rebels' attacks in the Red Sea . Whereas, trade in sectors like metals and textiles are the least affected sectors because of the Red Sea crisis. Also Read: Red Sea crisis: Canada asks Beijing to influence Houthis, 'It's in China's interests' Capital goods sector: Delayed deliveries may contribute to slowdown...