According to reports, the attack on merchant ships in the Strait of Hormuz shows that the impact of disruptions on this waterway has gone beyond the scope of the energy crisis; ordinary freighters have been hit no less than oil tankers. The sharp decline in the traffic volume of ordinary freighters is particularly prominent. There was a brief recovery in shipping activity after the 90-day cease-fire agreement came into effect in June. This brief recovery painfully reminded shipping carriers that it is essential for waterways to return to normal. Disruptions continue to drive up shipping costs, but current cost levels are still below the post-pandemic peak. The risk is that high costs may become the new normal, which in turn will drive up the price of finished products. The main reason for the sharp rise in freight rates is that trade and transportation in the Persian Gulf requires the deployment of more oil tankers, while the risk posed by Iran's attacks continues to rise.

According to reports, the attack on merchant ships in the Strait of Hormuz shows that the impact of disruptions on this waterway has gone beyond the scope of the energy crisis; ordinary freighters have been hit no less than oil tankers. The sharp decline in the traffic volume of ordinary freighters is particularly prominent. There was a brief recovery in shipping activity after the 90-day cease-fire agreement came into effect in June. This brief recovery painfully reminded shipping carriers that it is essential for waterways to return to normal. Disruptions continue to drive up shipping costs, but current cost levels are still below the post-pandemic peak. The risk is that high costs may become the new normal, which in turn will drive up the price of finished products. The main reason for the sharp rise in freight rates is that trade and transportation in the Persian Gulf requires the deployment of more oil tankers, while the risk posed by Iran's attacks continues to rise.