How The Iran War Is Already Making Shipping More Expensive

I'm Frank Holland here at the New York Stock Exchange, looking at how the US and Iran conflict is having a big impact on the global supply chain. Now, the biggest impact is that this military action is effectively shut down freight traffic in the Red sea, forcing governments and companies to change their logistics plans. Now oil major import is expected to be impacted, and that's why prices are higher.But there's also potential for a number of other exports from Europe and the Middle East, as well as other ...