A Maersk cargo ship
Maersk is among the shipping companies that's stopped sending vessels through the Suez Canal.
  • Attacks by Iran-linked rebels in the Red Sea have sent shipping costs soaring.
  • An index that tracks container rates spiked 61% last week, with big companies rerouting their vessels.
  • Analysts warn that the ongoing chaos could trigger a second wave of global inflation.

Inflation cooled rapidly across the world last year, but it might be a touch too early for a victory lap.