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Dawn

War risk, freight surge cloud trade outlook

By none@none.com (Aamir Shafaat Khan)

KARACHI: Industry stakeholders have expressed mixed views on supply chain risks linked to imported raw materials following the imposition of an illegal war by the US-Israel on Iran, with some saying there is no immediate threat of shortages due to adequate inventories but warning that soaring freight and war risk charges pose a serious challenge for future trade. Commodity traders, however, claim that many of their members have temporarily suspended import and export activities until freight ...