News Summary

• "HOUTHI ATTACKS ON SHIPPING IN THE RED SEA RISK REIGNITING GLOBAL SUPPLY CHAIN CRISISMaersk and other shipping firms have re-routed vessels away from the Red Sea and Suez Canal around Africa via the Cape of Good Hope to avoid threats from Iran-backed Houthi militants..
• "The armed conflicts in the Red Sea and the associated shifts in transport routes between Europe and Asia via the Cape of Good Hope are having an impact on production in Gruenheide," a Tesla statement said..
• (Photo by Marcus Brandt/picture alliance via Getty Images / Getty Images)The Berlin-Brandenburg Gigafactory, located near Gruenheide, is where Tesla assembles electric vehicles it sells in Europe..
• (Houthi Military Media/Handout via REUTERS//File Photo / Reuters Photos)The Iran-backed Houthi militants have conducted in protest of Israel’s war against Hamas in Gaza..
• "The considerably longer transportation times are creating a gap in supply chains..