Three Thousand Vessels Blocked in Strait of Hormuz, Transportation Costs Rise by 200%
Three thousand vessels have been blocked in the Strait of Hormuz due to the conflict around Iran, Radio-1 reported citing representatives of transport companies operating in the port of Dubai.
According to the radio station, transport companies are forced to restructure routes by combining sea segments with overland routes across the Arabian Peninsula. This has led to transportation costs rising by more than 200%, while delivery times have tripled.On February 28, the United States and Israel began a war against Iran. The largest Iranian cities, including Tehran, came under strikes. Iran announced a large-scale retaliatory operation, attacking the Israeli-occupied territories and US military facilities in regional countries.The Iranian authorities also decided to close the Strait of Hormuz to vessels linked to the United States, Israel and countries that supported aggression against the Islamic Republic.
16:24 - 11 فروردین 1405
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