Disruptions in the Strait of Hormuz are forcing ships to consider routes like the Cape of Good Hope, but these alternatives are longer, costlier, and cannot fully replace the vital oil and trade flows through the strait. The intensifying confrontation involving the United States, Israel and Iran has turned the Strait of Hormuz into the most volatile shipping corridor in the world today. The crisis is no longer theoretical. Tanker traffic has collapsed, ships have been hit by projectiles,
Doonited Affiliated: Syndicate News Hunt
This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited
