Cement, Drugs, and OilHow the Iran Conflict Could Disrupt Global Supply Chains

Date:

The conflict in Iran could have consequences for international trade that extend beyond oil and gas.It has been less than a week since the start of the U.S.–Israeli operations in Iran, and oil tanker traffic in the Strait of Hormuz—a key global chokepoint for energy shipments—has come to a screeching halt. Approximately 200 oil tankers have been stranded in the Gulf, according to data from Lloyd’s List Intelligence.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Hybrid and SUV Interest Reaches New Highs

Interest in hybrid and SUV vehicles among Americans hit...

Chinas Tax Scrutiny Reaches Back Years, Adding to Business Strain

A growing series of Chinese company disclosures is documenting...

Premier Pens Deal With ChatGPT Developer on US Trip

Premier of South Australia Peter Malinauskas at press conference...

Strait of Hormuz Will Stay Closed Unless US Agrees to List of Demands, Iran Says

A vessel in the Strait of Hormuz, as seen...