The Iran War Is Throwing Global Shipping Into Chaos

WIRED 

Flexport CEO Ryan Petersen says the conflict is stranding cargo and threatening inflation. After years of chaos in the global supply chain, Ryan Petersen, CEO of the logistics company Flexport, felt 2026 might offer some modicum of order. The pandemic was firmly in the rearview mirror. Red Sea shipping channels--which had been closed due to the Gaza crisis--were finally opening. The Supreme Court struck down many of Donald Trump's tariffs, and some Flexport customers were hoping for refunds.