Iran Conflict Wreaks Havoc on Global Shipping

Flexport CEO Ryan Petersen warns the Iran war is stranding cargo worldwide and sparking fears of accelerating inflation.

The escalating conflict with Iran is throwing the global shipping industry into disarray, causing cargo to become stranded and raising concerns about the potential for inflation. According to Flexport CEO Ryan Petersen, the ongoing tensions between the United States and Iran are wreaking havoc on international trade and logistics.

Petersen, whose company operates a technology-driven freight forwarding platform, says the current situation is

Chaos Erupts in Global Shipping Amid Iran Conflict

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