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Ocean container shipping rates could test record highs as Iran war fuel spike drives rise, analysts say
Source: reuters.com
Transportation & LogisticsGeopolitics & WarEnergy Markets & PricesTrade Policy & Supply ChainInflation
Spot ocean-container shipping rates from China to the U.S. East Coast have returned to post-COVID levels and may reach new record highs. The U.S.-Israeli war on Iran is raising fuel costs, increasing freight expenses and creating renewed supply-chain and inflation risks for importers.
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