Global shipping

Global shipping

An aerial view of the Iranian shores and the island of Qeshm in the strait of Hormuz, December 10, 2023. Photo: REUTERS/Stringer/File Photo

Global oil, gas shipping costs surge as Iran vows to close Strait of Hormuz

Shipping through the Strait of Hormuz between Iran and Oman, which carries around one-fifth of oil consumed globally as well as large quantities of liquefied natural gas, has ground to a near halt...

Birds fly near the boat in the Strait of Hormuz amid the US-Israeli conflict with Iran, as seen from Musandam, Oman, March 2, 2026.REUTERS/Amr Alfiky

Iran conflict disrupts global shipping as tankers are stranded, damaged

A cargo ship full of containers is seen at the port of Oakland as trade tensions escalate over US tariffs, in Oakland, California, US, February 3, 2025. REUTERS/Carlos Barria/File Photo

Trump trade threats compound global ocean shipping uncertainty

The ripple effect from the complete closure of any waterway can be felt thousands of miles away. PHOTO: BLOOMBERG

Canals aren't even the world's biggest shipping chokepoints

Taiwan tensions raise risks in one of busiest shipping lanes

Taiwan tensions raise risks in one of busiest shipping lanes

Representational image. Photo: Bloomberg

Shipping costs - another danger for inflation-watchers to navigate