The ongoing conflict involving Iran profoundly impacts global shipping, disrupting an estimated 10% of the world’s container fleet. Jeremy Nixon, CEO of Ocean Network Express (ONE), revealed this asse
by Mideast Tensions Fuel Diesel Price Surge
Diesel prices are continuing their upward trajectory, a trend evident for most of the current year. This existing rise now faces significant compounding pressures impacting both crude oil supplies and
by Update: TPM26: Iran conflict puts new risk on US economic growth: Yellen
Title: Yellen Cites Iran Conflict as New Risk to US Economic Growth
Former US Treasury Secretary Janet Yellen has issued a warning regarding a new threat to American economic expansion. She attributes
by Update: Iran conflict disrupts ocean, air cargo networks
Title: Global Logistics Face Disruption Amid Iran Conflict
Update: Iran conflict disrupts ocean, air cargo networks Recent escalations in the conflict involving Iran are significantly impacting global