LONDON (Reuters) - Japanese trading house Sumitomo Corp on Wednesday said it has some cargoes in the Red Sea that are affected by the situation in the area.
Attacks by the Iran-aligned Houthi group on ships in the Red Sea have forced many companies to pause or divert cargoes.
None of the affected Sumitomo cargoes were in tankers, a company spokesperson said.
U.S. billionaire investor Warren Buffett has a stake in Sumitomo, which is one of Japan's top trading companies.
(Reporting by Natalie Grover in London; Editing by Andrew Heavens)
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5d. change
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|---|---|---|---|---|---|
| 606,920 USD | -0.76% | -0.71% | 869B | ||
| 3,909 JPY | +1.35% | +5.05% | 30.34B | ||
| 2,686 PTS | +0.86% | +0.34% | - | ||
