BUSINESSglobal
US shipping, supply chains pressured as Middle East conflict raises costs
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Updated 2 hours ago
First seen March 20, 2026 17:40:35Stay on top of this story
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Quick Summary
The US-Iran conflict and subsequent closure of the Strait of Hormuz is putting upward pressure on both liquid tanker and container rates, increasing costs for shippers regardless of trade lane, while at the same time costs to move freight domestically via rail and truck are also rising amid changing federal and state regulations. All these ...