BP suspends shipping in Red Sea | Israel-Hamas war

Oil giant BP has paused all shipping via the Red Sea following increased attacks by Yemen-based Houthi militants. The rebel group, which supports Hamas in its war with Israel, has vowed to target vessels which it believes are heading to and from Israel. The disruption to usual trade flows is expected to result in higher prices and delays, which will only intensify the longer the disruption lasts, as alternative routes can add thousands of miles to shipping journeys - as Sky's business correspondent Paul Kelso reports. Read more: https://news.sky.com/story/bp-pauses-all-shipments-of-oil-through-red-sea-after-attacks-by-houthi-rebels-13033483 #redsea #houthi #skynews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales