Israel-Hamas War Can Impact Shipping
We are already familiar with how pandemics and war can impact global shipping as we look at past experiences and transport issues resulting from Covid and the Ukraine-Russian war in very recent years. Greg Miller of FreightWaves explains that “The war in Israel, if it expands beyond the country’s borders, poses risks to two key shipping choke points: the Suez Canal, a key waterway for all types of commercial vessels, including container ships, and the Strait of Hormuz, which is pivotal to oil and gas shipping.” (See FreightWaves, “War in Israel: The new geopolitical flashpoint for ocean shipping” by Greg Miller, 10/11/2023)