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Iran War Disrupts Global Trade Beyond Oil

Wall Street Journal US Business •
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The conflict between Iran and Israel has begun disrupting global supply chains far beyond energy markets. Emanuele Grimaldi, a shipping executive, had European cars bound for the Persian Gulf when military strikes between the U.S., Israel, and Iran escalated. The expensive cargo now faces indefinite delays.

While the Middle East conflict has already roiled oil and gas markets for two weeks, its impact is spreading to complex global supply chains. The disruption affects industries far removed from the energy sector, highlighting how regional conflicts can have unexpected global consequences. Shipping companies are scrambling to reroute vessels and protect valuable cargo.

This supply chain disruption comes at a time when businesses were already struggling with pandemic-related logistics challenges. The new layer of uncertainty from the Middle East conflict threatens to further complicate global trade, potentially leading to higher costs and longer delivery times for consumers worldwide.