by A1 WorldWide Logistics | Apr 29, 2026 | Economic trends, Shipping Logistics, Supply Chain
The Strait of Hormuz is still closed as an ongoing conflict in Iran continues. US involvement has escalated a war between Iran and Israel in recent times. As the countries involved escalated the conflict, Iran closed most of the strait on February 28, 2026. Since...
by A1 WorldWide Logistics | Mar 11, 2026 | Economic trends, Importing, Supply Chain
International shipping could soon feel the effect of a container ship hit in the Strait of Hormuz. On March 4, the Safeen Prestige vessel was hit by a projectile passing through the strait near Oman. The attack occurred just above the waterline, sparking a fire in the...
by A1 WorldWide Logistics | Mar 11, 2026 | Economic trends, Importing, Supply Chain
As the Iran-Israel conflict continues to escalate, global trade can soon see the Iran war disrupting shipping. Iran and Israel have been in a back-and-forth for decades, which has escalated in recent years. More recently, Israel and the US started what President Trump...
by A1 WorldWide Logistics | Jun 25, 2025 | Economic trends, Shipping Logistics, Supply Chain
As tensions continue in the Israel-Iran conflict, there have been talks that Iran may close the Strait of Hormuz. The Strait of Hormuz is a key waterway for the shipping of oil and gas. Nearly 20% of the world’s liquefied Natural gas and a quarter of the world’s oil...