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Iran-Israel conflict: Shipping industry set for tougher times ahead due to West Asia tensions, say experts

By Economic Times - 6 months ago
Iran's escalated tensions with Israel through a drone and missile attack have raised concerns in the global maritime industry, causing supply chain disruptions and potential shipping route blockages. The possibility of a Persian Gulf shutdown looms, impacting shipping costs and trade dynamics. Efforts are underway to defuse tensions and maintain supply chains amidst the crisis.

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