IRAN REROUTE REALITY: Cape route becomes shipping lifeline as Middle East crisis disrupts trade, spikes costs

2026-03-05 - 16:13

The closure of the Strait of Hormuz is causing significant delays and rising costs in global shipping, affecting supply chains and production schedules worldwide. SA retailers, including Shoprite, are already experiencing disruptions, with essential goods stuck in transit and inflation concerns escalating due to rising oil prices.