Global Trade Routes Shift After Strait of Hormuz Closure

Date:

Dubai, UAE – Web Desk: The closure of the Strait of Hormuz has triggered significant shifts in global trade routes, with companies increasingly turning to land-based alternatives to maintain the flow of goods across the Gulf region.

According to reports by AFP, the disruption of maritime traffic has forced shipping companies to adopt new logistics strategies, including transporting food and manufactured goods via trucks instead of traditional sea routes.

Saudi Arabia’s Jeddah port is rapidly emerging as a key regional hub, with major global shipping companies rerouting vessels through the Suez Canal to reach the Red Sea port. From there, goods are transported overland through desert highways to destinations such as Sharjah, Bahrain, and Kuwait, where direct maritime access has been disrupted for nearly two months.

However, experts warn that Jeddah port is not fully equipped to handle the sudden surge in trade volume, leading to congestion and logistical delays.

The report also highlights the growing use of alternative ports outside the Strait of Hormuz, including Oman’s Sohar port and the UAE’s Khor Fakkan and Fujairah ports, as shipping firms seek to bypass the affected waterway.

Meanwhile, Jordan’s Aqaba port has become a critical gateway for transporting goods into Iraq, particularly to Baghdad and Basra, while overland routes via Turkey are also being utilized to supply northern Iraq.

Analysts say the prolonged disruption in the Strait of Hormuz has dealt a major blow to global trade and underscores the urgent need to develop resilient supply chains to mitigate future risks.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Students clash with police as school protests spread across France

High school protests over overcrowding, teacher shortages and poor...

Govt, PTI resume talks as deadlock over Islamabad march persists

The government and PTI have resumed negotiations in Islamabad,...

Three suspects arrested in alleged gang rape of Azeri woman in Lahore

Police say three suspects have been arrested in connection...

Iran has ‘technological surprises’ for enemies, IRGC commander

IRGC Deputy Commander Major General Mostafa Izadi says Iranian...