For American consumers wondering if they’ve seen the peak price hikes and economic disruptions from the Iran war, Port of Los Angeles Executive Director Gene Seroka has a sober assessment about what lies ahead.
Seroka explained on
Given the current length of the conflict, “we’re looking at about four-and-a-half months with respect to the Strait of Hormuz to get all these ships — container, tanker, bulk — back into normal rotation,” ...