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The Iran war already has a winner: The world’s largest shipbroker notching record earnings from the ‘exceptional volatility’ in the Strait of Hormuz
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DNyuz
As traffic in the Strait of Hormuz continues to be disrupted during the months-long Iran war, one company is benefitting from the global trade chaos.
CEO Andi Case attributed the jump to worldwide changes in supply chains as a result of the Iran war, increasing demand for companies like Clarkson.
“When you have geopolitical instability, of course, it disrupts the market,” Rodrigue said.
The Iran war, however, has had the opposite effect.
The post The Iran war already has a winner: The world’s largest shipbroker notching record earnings from the ‘exceptional volatility’ in the Strait of Hormuz appeared first on Fortune.