War to hobble supply chain as trade costs soar

Thai business and industry leaders are concerned that the Mideast war could significantly disrupt logistics and transport costs, with ripple effects for manufacturing in Thailand and other countries.

Kriengkrai Thiennukul, chairman of the The Federation of Thai Industries (FTI), said the war threatens to destabilise global supply chains by disrupting shipping routes through the Strait of Hormuz, one of the world’s most critical maritime passages for oil and gas.