2 things to watch in global shipping as Iran war drags on
As the ongoing regional war in the Middle East continues to send shockwaves across global shipping networks, the longer the conflict drags on, the more likely it is to drive up transportation costs and force companies to either rethink supply chain strategies or price in the new pressures. Sunderesh Heragu, a Regents Professor of industrial engineering at Oklahoma State University who studies logistics and supply chains, said the eventual scope and duration of the conflict will determine how severely global trade routes are affected.


