Dossier
trade route disruption
Coverage of trade route disruption in the Nexus archive.
- Oil surges past $95 as U.S. downplays Iran diplomacy and a 2nd key trade route is disrupted
Oil prices surged past $95 due to the U.S. downplaying Iran diplomacy and the disruption of a second key trade route. The Khor Fakkan Container Terminal in the Sharjah Emirate along the Gulf of Oman is highlighted as a major container port.