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Isabel MALSANG AFP

Global shipping industry caught in storm of war

Global shipping industry caught in storm of war

For anyone in the import business, the economic risks from the war in the Middle East arrive by sea -- and that goes for everyone who buys their products, too. As the war rages into its third week, the effective closure of the strategic Strait of Hormuz has upended not just
Isabel MALSANG AFP 13 Mar 2026
Strait of Hormuz impasse squeezes world shipping

Strait of Hormuz impasse squeezes world shipping

With few captains willing to brave the Strait of Hormuz as war rages around the Gulf, companies will have to do business without one of the world's most vital shipping lanes, especially for oil and gas. - What is the strait's importance to world markets? - The strait
Isabel MALSANG AFP 02 Mar 2026

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