Red Sea Houthi Attacks Cause Product Delays for Ikea, Danone, and More

Ikea warns of potential product delays and availability constraints due to attacks on trade vessels in the Red Sea by Iran-backed Houthi rebels. The company is evaluating alternative supply options while closely monitoring the situation. Major shipping companies, including Maersk and BP, have already rerouted their vessels, causing global trade disruptions. The US and its allies are discussing a multinational security initiative to protect Red Sea routes.