90% Find Solidarity Displays Amid the Israel-Palestine Conflict Inappropriate

Recent waves of attacks on merchant ships in the Red Sea are forcing companies to send ships on longer routes and threaten to hurt the global economy.

Real Research, an online survey app, revealed that 90% of respondents (fully aware, 47.65% + vaguely aware, 42.67%) were aware of the commercial ship attack’s impact on the economy.

Highlights:

• 90% of respondents believe that displaying solidarity with Palestinians amid the escalated Israel-Palestine conflict is inappropriate.
• The new ship routes will likely have an impact on fuel prices, said 88%
•  81% consider the Suez Canal a crucial route in global shipping.

Escalated Israel-Palestine Conflict

The Houthis, an armed group in northern Yemen, reportedly used drones and missiles against ships from over 35 countries. In response to this, 90% of respondents (47.9% finding it inappropriate and 42.58% considering it somewhat inappropriate) believe that displaying solidarity with Palestinians amid the escalated Israel-Palestine conflict is inappropriate.

However, 6% of respondents think this display of solidarity is somewhat appropriate, and 4% believe it is appropriate.

How significant is the commercial ship attack’s impact on the economy?

The commercial ship attack’s impact on the economy seems to be evident, given that around 15% of global shipping traffic, including approximately 30% of global container trade, passes through the Suez Canal. The survey revealed that 81% (somewhat significant, 42.88% + very significant,  38.50%) consider the Suez Canal a crucial route in global shipping.

In contrast, 19% of respondents do not think the Suez Canal is significant for global shipping.

Southern Red Sea and the Gulf of Aden

The U.S. Defense Secretary announced a new multinational force to address security challenges in the southern Red Sea and the Gulf of Aden. In light of this, 42% of respondents think this will lead to an escalation in tensions,  33%  are unsure, and 25% do not believe there will be any escalation of tensions. 

Read Also: Israel-Hamas Conflict Would Negatively Affect Global Economy! – 19.62%

South Africa’s Trade and  Economy

Danish shipping and logistics firm Maersk opted to reroute all ships destined for the Red Sea around Africa via the Cape of Good Hope. Respondents were asked if this decision would impact South Africa’s trade and economy.

Their responses indicated a distribution of opinions: “somewhat positive impact” (47%), “positive impact” (34%), “neither positive nor negative” (11%), “somewhat negative impact” (5%), and “negative impact” (3%).

Suez Canal: Shipping Companies

If shipping companies avoided the Suez Canal, it could lead to increased spending on fuel for longer routes. Respondents recognized the commercial ship attack’s impact on the economy, considering that the majority, 88% (somewhat likely: 48.67 + highly likely 35%), think it is likely that the new routes will have an impact on fuel prices.

In contrast, 14% of respondents find it somewhat likely that the new routes will affect fuel prices, while 3% do not share this belief.

Read Also: Two-Thirds Favor Humanitarian Aid for Gaza in Israel’s $14.5B Package

Are Attacks On Commercial Ships Impacting The Global Economy?

Recently, shipping rates increased by 20%, with the possibility of passing on some of the additional costs to consumers. In light of this, 46% of respondents think passing on some additional costs to consumers could result in a reduction in international trade, 29% are unsure, and 24% believe it won’t result in a reduction.