Business • Economy

Stranded ship suspends circulation in the Suez Canal

Stranded ship suspends circulation in the Suez Canal
Container ship stranded on the Suez Canal

Oil prices jumped about 6% on Wednesday after a ship ran aground in the Suez Canal, and worries that the incident could tie up crude shipments gave prices a boost after a slide over the last week. The situation is affecting the connections of other ships that carry oil and may now have to look for alternative routes, reveals "Bloomberg" this Wednesday, March 24th.

The Evergreen container with 400 meters in length and 220 thousand tons was stranded when making the connection between China and the port of Rotterdam in the Netherlands, worthless the several attempts to get it afloat again.

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Card reviewed by: @ericof