Even though most of what moves around the world travels by ocean freight, a growing volume of goods travels via plane, with about 13% of that air cargo passing through the Gulf.
Between COVID shortages, expired EV tax incentives, and tariff anxiety, vehicle sales have been volatile in the last few years and down in the last few months. But things could be picking up.
In many rural areas, the child care shortage is exacerbated. One mountain town in southwestern Colorado is closing the gap between kids and care by building affordable homes that are licensed to be day cares.
The new routes will take longer, and some shipping companies are adding a surcharge to compensate for the additional risk, as well as the extra fuel and labor.
About a fifth of the global supply of liquified natural gas comes through the Gulf, primarily from Qatar. With that supply halted, possibly for weeks, major importers in Europe and Asia will need to look elsewhere.
