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Iran war disrupts global ocean freight and air cargo supply chains beyond oil

The Iran war has halted oil tanker movement in the key Strait of Hormuz. The conflict is also disrupting the wider global supply chain beyond oil, affecting everything from pharmaceuticals from India, semiconductors from Asia and oil-derived products like fertilizers that come from the Middle East. NEW YORK (AP) — The Iran war has effectively halted oil tanker movement in the key Strait of Hormuz. But it’s also disrupting the wider global supply chain beyond oil, affecting everything from pharmaceuticals from India, semiconductors from Asia and... [6810 chars]

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