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Maritime visibility in the Strait of Hormuz and Gulf of Oman has deteriorated sharply, creating fresh operational, insurance and compliance risks for commodity trade. As many as 470 vessels in the region were affected by GPS jamming as of 5...
#commodity finance#Hormuz#insurance
Commodity trader Mercuria has warned that disruption in the Strait of Hormuz could escalate beyond supply chain delays into legal…
#commodity finance#Hormuz#legal risk
Disruption in the Strait of Hormuz is beginning to trigger force majeure claims across commodity trades, adding a legal dimension…
#commodity trade#force majeure#Hormuz
Supply chains are coming under increasing strain as disruption in the Strait of Hormuz forces companies to reroute trade flows…
#commodity trade#Hormuz#shipping disruption