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Supply Chains in Crisis: Page 25

South Korea and Philippines to Deepen Ties in Defense, Shipbuilding
The two leaders also agreed to expand cooperation in new areas of growth, such as shipbuilding, nuclear power, supply chain and artificial intelligence.
Photo: Bloomberg
CSCOs Urged to Act Swiftly in Response to Iran War
Do not ignore the potential for your business to leverage upside as a consequence of an otherwise difficult geopolitical event, warns Gartner's David Gonzalez.
Smoke rises after an explosion in the industrial zone in Fujairah, United Arab Emirates, on Tuesday, March 3, 2026. Oil surged for a second day as the U.S. and Israel stepped up their war against Iran, with a fire at a key storage hub in the United Arab Emirates underscoring the risk to energy supplies. Source: Bloomberg
Trump Says U.S. Will Escort, Insure Oil Tankers During Iran War
Trump said the U.S. International Development Finance Corporation would offer insurance to help ensure the flow of commercial trade in the Gulf.
An oil tanker in the Strait of Hormuz. Photographer: Kaveh Kazemi/Getty Images
Iran Conflict Creates Layers of Uncertainty Across Middle East
Economists caution that the broader risk lies less in surging oil prices, and more in how that interacts with other mounting geopolitical pressures.
Photo: iStock / aimintang
World’s Top Container Carriers Revise Sailings to Avoid Mideast
Some carriers are canceling bookings temporarily, skipping some port calls, warning of delays and implementing surcharges.
Photo: iStock / Marina113
Major Threat to Supply Chains as Scope of U.S.-Iran War Widens
Update from the Guardian: Strait of Hormuz closed, Iran's Revolutionary Guards says.
Photo: iStock/TexBr
Shipping Lines Cut Mideast Routes Posing Risk to Trade Flows
Hapag-Lloyd on March 1 announced a “war risk surcharge” of $1,500 per 20-foot container, effective March 2. France’s CMA CGM SA will charge $2,000.
Smoke rises from Jebel Ali port after an Iranian missile attack in Dubai, March 1. Photographer: Christopher Pike/Bloomberg
Maersk, MSC Units to Temporarily Run Disputed Panama Ports
Panamanian officials are hoping to reassure carriers and shippers that operations will remain stable while a longer-term concession process unfolds.
Photo: iStock / Ceri Breeze
Cyprus Launches Mass Livestock Vaccination Effort to Curb Foot-and-Mouth Outbreak
The EU sent 500,000 doses of vaccines to Cyprus on February 13, with EU officials set to oversee an initial batch of 10,000 vaccinations at livestock farms
Photo: iStock / Peter Schaefer
EU Pauses Rollout of Trade Deal with U.S.
In a statement posted to his Truth Social platform, Trump warned trade partners not to "play games" in the wake of the Supreme Court's decision.
Photo: iStock / Dmytro Varavin
CBP Stops Collection of IEEPA Tariffs
No clarification was provided regarding the collection of IEEPA tariffs in the three days between the Supreme Court's ruling and CBP's announcement.
Photo: iStock/Angelica Zander
Senate Democrats Introduce Bill to Require Tariff Refunds
The legislation would set a 180-day deadline to process all tariff refunds, and would require Customs and Border Protection to pay interest.
Image: iStock/Douglas Rissing
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