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project44 reports container vessels remain most affected by Red Sea attacks, with Suez Canal container traffic down about 75% in 2024 versus 2023 and no recovery through July 2025. Diversions have lengthened transit times, with Southeast Asia to US East Coast up 47% and China to Europe up 25%.
Persistent Suez avoidance keeps long-haul freight and bunker costs high, supporting ocean freight rates on Asia-bound and Europe-bound feed and grain trades.
project44.comAug 21, 2025Not enough comparable past events yet for a historical read.
After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
