Namaste & Warm Greetings Global Trade Community,
We’re opening this thread to discuss the current Iran-Israel conflict and its impact on global trade, freight logistics, marine insurance, and crude oil prices.
As we’re observing:
- Freight rates are fluctuating, especially for Asia-Europe and Middle East-bound routes.
- Marine insurance premiums are increasing, particularly for vessels transiting through high-risk zones like the Strait of Hormuz.
- Crude oil prices have surged due to fears of supply disruption from key oil-producing regions.
We’re curious to hear:
- Are you or your company experiencing increased freight costs or shipping delays?
- Have you had to reroute shipments or opt for more expensive transit paths?
- Is your insurance provider adjusting war risk premiums?
- How are the oil price fluctuations affecting your logistics or manufacturing costs?
- What strategies are you adopting to mitigate risks from geopolitical tensions?
This is a neutral, research-oriented discussion. Let’s share insights, resources, and practical solutions — no political takes, just supply chain intelligence.
Feel free to comment with:
✅ Real examples
✅ Data or price trends
✅ Strategic responses
✅ Industry resources or articles
Together, let’s build a resilient knowledge hub for global trade professionals navigating uncertain times.