BBCNEWS Asia Business Report June 4, 2024 00:33:00
The bill needs to go to the senate, and if it passes there, president biden says he will sign it. shipping companies across the globe are keeping a close eye on the conflict in the middle east. freight costs have already gone up significantly due to escalating tensions and volatile oil prices. those costs could increase further, if theres any disruption to the strait of hormuz. just last weekend, irans revolutionary guards seized a cargo ship linked to israel, along the narrow waterway. our busi...
Source: archive.org