WorldCan Iran shift trade north to the Caspian Sea as war impairs Strait of Hormuz?
With the United States blockading Iran’s southern ports and Donald Trump rejecting Tehran’s offer to reopen the Strait of Hormuz, Iran is seeking northern and overland routes to export oil and bring in essential goods. Falling Caspian water levels, smaller port capacity and severe border congestion complicate the shift.
Can Iran shift trade north to the Caspian Sea as war impairs Strait of Hormuz?
World