First some MSM coverage:
The shortage stories have been bubbling well in advance of this event, however I’d expect it gets used to act as the touchstone for the coming shortages and price inflations, or maybe not.
Maybe it will get unblocked sooner rather than later and all is well and there is nothing much else to this even, nothing at all.
Global trade: $87.5T
Amount of global trade that goes through Suez Canal: 12%
87.5T * 0.12 = $10.5T
$10.5T / 365 = $28.76B/Day
$28.76B / 24 = $1.2B/Hour
$1.2B / 60 = $19.977M/Minute