Geopolitical tensions in the Red Sea are in focus on this week's podcast as James Sproule and Daniel Mahoney look at how drone strikes and military action in the area are affecting global trade. Plus: it seems a long time since the height of the COVID-19 pandemic, could some parts of the economy be back to a pre-COVID normal? And with recent shocks to supply chains, James considers if the long-speculated arrival of so-called "onshoring" will finally happen. All in under 15 minutes. Don't forget to subscribe and rate us wherever you're listening.