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Supply Chains in Crisis: Page 23

India’s Trade Gap Narrows as Middle East War Hits Shipments
India is among the economies most exposed to the war in the Middle East, importing about 90% of its crude oil and more than half of its liquefied petroleum gas.
Photo: Bloomberg
U.S.-Iran War Could Bring Global Recession, Says IMF
Under the IMF’s “severe” scenario, global growth would struggle to stay above 2%, and inflation would rise to 5.8% in 2026, and 6.1% in 2027.
Photo: iStock.com/solarseven
U.S. Says Six Ships U-Turned in First Day of Hormuz Blockade
No vessels made it through the blockade, which is made up of more than a dozen warships and 10,000 service personnel, according to CentCom.
A cargo vessel near the Strait of Hormuz, on March 22. Source: Getty Images
Open or Closed? Conflicting Messages Abound About the Strait of Hormuz
U.S. Centcom added more confusion by sending a note to seafarers saying the blockade would only be enforced in waters east of the strait of Hormuz.
An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69
Trump Says U.S. to Seal Hormuz Strait, Severing Key Iran Lifeline
If Trump orders the Navy to blockade the strait itself, he puts U.S. assets in danger of Iranian missiles.
Photo: iStock / PeterHermesFurian
China to Ban Sulfuric Acid Exports as War Hits Supply
Sulfuric acid prices have been rising since the start of the Iran conflict, as it’s a product of oil and gas refining in the Middle East.
Photo: Bloomberg
Asian Nations Push U.S. to Extend Sanctions Waiver on Russian Oil
European allies are pushing to limit any financial benefit to Russian President Vladimir Putin, and Asian nations are grappling with energy shortages from the war with Iran.
Photo: iStock.com/Alexey Bakharev
Shipping Remains Severely Constrained in Hormuz
The mechanism by which ship operators get permission from Iran to transit the strait remain unclear, over questions as to who is actually in charge.
Photo: iStock / Dimitrios Karamitros
The Struggle to Diversify Rare Earth Supply Chains
China accounts for roughly 60% of global mined production of magnet rare earths, as well as more than 90% of refining, and 95% of permanent magnet production.
Photo: iStock / pingingz
Ireland Calls in Troops to Help Clear Road-Blocking Protests
The protests, now in their third day, are against high fuel prices caused by the U.S.-Israel war against Iran.
The Liffey river and O'Connell bridge in Dublin, Ireland. Photo: iStock/pawel.gaul
Hormuz Crisis Pushes Struggling Trucking Sector to the Brink
The timing of the Strait of Hormuz crisis has created unique challenges for a U.S. trucking industry already facing an uphill battle to stay solvent.
Photo: iStock / JasonDoiy
‘Ceasefire’ Brings Little Relief for Persian Gulf Ship Traffic Jam
Iran said it would only observe a two-week ceasefire if Israel ceased its attacks on Lebanon, but Israel hit over 100 sites in Lebanon on April 8.
Photo: iStock/Alones Creative
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