Hormuz Strait Closure Strands 20,000 Seafarers, Disrupting Global Retail
The closure of the Strait of Hormuz due to escalating Middle East conflict has paralyzed a primary global shipping artery, leaving 20,000 seafarers stranded and triggering a surge in maritime fuel costs. This disruption poses a severe threat to e-commerce supply chains and retail inventory levels as alternative routes struggle to absorb the diverted traffic.