British Economy Could be Affected by Red Sea Shipping Attacks, Says UK Finance Minister Hunt

Attacks on Red Sea transport lanes may have an effect on the British financial system by rising costs, finance minister Jeremy Hunt mentioned on Saturday.

Asked whether or not the assaults by
 Iran-aligned Houthi militants in Yemen may imply rising costs in Britain, Hunt instructed the BBC: “It could have an effect and we’ll watch it very, very fastidiously.”