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Supply Chains in Crisis: Page 18

Panama Canal Traffic Jam Spurs $4M Line-Jumping Payment

The $4 million payment was up from the less than $1 million that some vessels were paying to cut in line at the Panama Canal as recently as early March.

Photo: iStock / Ceri Breeze

Iran War Exposes Economic Fragility of Pacific Islands

With few signs that the Strait of Hormuz will be fully open to tankers anytime soon, islands in the Pacific face a deepening crisis with no end in sight.

Photo: iStock / chameleonseye

World's Largest Chocolate Maker Slashes Profit Forecast for Fiscal Year

Despite the weaker earnings outlook, Barry Callebaut said that it expects sales volumes to recover in the second half of the year.

Photo: iStock / Narong KHUEANKAEW

TSMC Sees 58% Boost to Profits in Q1 of 2026

TSMC also warned of potential long term impacts to profitability from the ongoing war in Iran, which has impacted the global supply of chemicals used in chipmaking.

Photo: iStock / BING-JHEN HONG

IEA Warns European Flights May Be Cancelled Due to Fuel Shortages

In the case of a prolonged conflict in the Middle East, energy markets and economies around the world need to brace for significant disruptions in the months to come.

Image: iStock/imagedepotpro

UN Awaits Go-Ahead to Move Fertilizer Through Hormuz Strait

The intensifying standoff over the Strait of Hormuz has revived the push to open a safe shipping route for fertilizer and other goods to prevent a humanitarian crisis.

Photo: iStock/Sjo

Majority of U.S. Farmers Can’t Afford the Fertilizer They Need

Rising input costs tied to the conflict in the Middle East are adding strain to an already challenging farm economy, said the American Farm Bureau Federation.

Photo: iStock.com/tntemerson

Japan to Offer Subsidies in Southeast Asia to Counter Oil Prices

Takaichi announced the initiative at a regional forum that included Japan and major Southeast Asian economies such as Thailand, Vietnam, the Philippines and Malaysia.

Sanae Takaichi, Prime Minister of Japan. Photo: Bloomberg

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

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