Securing shipping lane from Mideast war 'challenging', say experts
Securing shipping lane from Mideast war 'challenging', say experts is drawing significant interest across the industry.
The United States and France have promised to secure oil shipping threatened by the Middle East war, but experts warn warship availability and Iran's wide range of weaponry could make this complicated.US-Israeli attacks on Iran since Saturday and Iran's fiery response have caused global economic turmoil as shipping avoids the Strait of Hormuz near Iran, one of the world's most vital shipping lanes.Around a fifth of the world's crude and liquefied natural gas from the Gulf, must pass through this chokepoint.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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