The Influence of Geopolitical Conflicts on Global Shipping Routes

Effect of geopolitical conflicts on shipping routes

The shipping industry has been an indispensable part of international trade for a very long time. Geopolitical conflicts among countries affect the operational efficiency of this sector. When one country is economically, socially, and politically weak, it cannot perform its trade correctly. Prominently, the shipping routes are affected as countries ban the entry of specific […]