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Iran War's shipping impact to last beyond conflict
Bloomberg·
The ongoing conflict in the Middle East is expected to have a lasting effect on global shipping and supply chains, extending well beyond the cessation of hostilities. According to the head of a major tanker owner, the disruptions caused by the war will continue to influence trade routes and logistics for an extended period. This suggests that businesses and consumers worldwide should anticipate continued challenges and potential cost increases in the transportation of goods.
Tags
energy
macro
Original Source
Bloomberg — www.bloomberg.com