# Houthi attacks disrupt Red Sea shipping

> Carriers divert around the Cape of Good Hope; freight and insurance costs surge.

- Date: 2023-12-15 · published 2023-12-15T12:00:00.000Z
- Category: logistics · region Middle East
- Page: https://feedsoft.ai/events/31-houthi-attacks-disrupt-red-sea-shipping
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2017-09-01 | [Inter Continent Trading: Tankers: Persian Gulf vs Red Sea freight premium disappears as Harvey disrupts trade](https://feedsoft.ai/events/68843-inter-continent-trading-tankers-persian-gulf-vs-red-sea-freight-premium.md) | +0.4% | +9.4% |
| WTI | 2022-02-28 | [Shipping ponders response to Russo-Ukraine conflict - Hong Kong Maritime Hub](https://feedsoft.ai/events/42608-shipping-ponders-response-to-russo-ukraine-conflict-hong-kong-maritime-hub.md) | +26.3% | +25.9% |
| WTI | 2019-05-29 | [Midwest flooding disrupts U.S. crude, fuel cash markets](https://feedsoft.ai/events/10414-midwest-flooding-disrupts-u-s-crude-fuel-cash-markets.md) | -9.3% | -2.2% |
| WTI | 2026-09-17 | [Panama Canal stress shows the real shipping squeeze may still be ahead \| Reuters](https://feedsoft.ai/events/16765-panama-canal-stress-shows-the-real-shipping-squeeze-may-still-be-ahead-reuters.md) | -7.8% | -6.5% |
| WTI | 2022-03-23 | [Oil jumps 5% as Caspian pipeline disruption adds to supply fears \| Reuters](https://feedsoft.ai/events/8484-oil-jumps-5-as-caspian-pipeline-disruption-adds-to-supply-fears-reuters.md) | -6.3% | -7.8% |
| DIESEL | 2024-01-31 | [Diverted shipping routes are changing trade flows - Brownfield Ag News](https://feedsoft.ai/events/32019-diverted-shipping-routes-are-changing-trade-flows-brownfield-ag-news.md) | -1.9% | -5.3% |
| DIESEL | 2026-05-06 | [Freight Bottlenecks Reshape Grain and Fertilizer Shipping Routes - RFD](https://feedsoft.ai/events/16855-freight-bottlenecks-reshape-grain-and-fertilizer-shipping-routes-rfd.md) | +2.7% | -5.5% |
| DIESEL | 2017-09-01 | [Inter Continent Trading: Tankers: Persian Gulf vs Red Sea freight premium disappears as Harvey disrupts trade](https://feedsoft.ai/events/68843-inter-continent-trading-tankers-persian-gulf-vs-red-sea-freight-premium.md) | -0.2% | +1.5% |

## Sources

- Wikipedia: https://en.wikipedia.org/wiki/Red_Sea_crisis

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.