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    HomeNewsOpinionEscalation in Middle East crisis adds to uncertainty on global trade front

    Escalation in Middle East crisis adds to uncertainty on global trade front

    The attacks in Israel, Gaza and Lebanon have upended hopes of any normalisation in freight costs or trimming of shipping delays. July PMI data is reflecting these concerns and the outlook has turned cloudier

    Vivek Y Kelkar
    August 05, 2024 / 10:01 IST
    Escalation in Middle East crisis adds to uncertainty on global trade front

    A World Bank study in April this year had brought out how much geopolitics and the crisis in the Middle East was having on global shipping and freight

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