"World Trade Crippled By Suez Canal Block"-Silver Report Uncut

Silver Report Uncut

World Trade Crippled By Suez Canal Block "Could Take Weeks" Supply Shortages & High Shipping Rates

Mar 26, 2021

The Suez Canal has been blocked and it could crush world trade!

The price of oil has already begun to rise and for the most part, people have been focused on the impact at the gas pump. 15% of the world's rice and wheat flow through the Suez canal along with many other commodities.

Industry experts are warning of further shortages and supply chain disruptions

Unfortunately due to the design of the canal and the point at which the ship was beached has led to a major backup which is not easy to unwind.

The company tasked with refloating the ship said it could potentially take weeks.

https://www.youtube.com/watch?v=pK2mJgt6tXQ