Iran War Creates Wild West at SeaBusiness News13 hours agoIran War Creates Wild West at SeaIran's blockade of the Strait of Hormuz is far from watertight. But it has proven effective enough in recent weeks to create chaos. A fifth of the world's oil and gas transport has come to a halt. Fuel and insurance prices are skyrocketing. Shipping companies are imposing extra fees and dumping containers in distant ports.
Iran War Creates Wild West at SeaBusiness News13 hours agoIran War Creates Wild West at SeaIran's blockade of the Strait of Hormuz is far from watertight. But it has proven effective enough in recent weeks to create chaos. A fifth of the world's oil and gas transport has come to a halt. Fuel and insurance prices are skyrocketing. Shipping companies are imposing extra fees and dumping containers in distant ports.
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