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    March 3, 2026

    AMSCI flags maritime trade implications as Middle East conflict unfolds

    Written by Kristen DiLandro

    The American Metals Supply Chain Institute (AMSCI) said increasing insurance premiums, potential vessel diversions, and contractual risk evaluations began in the global freight market as geopolitical conflict escalates in the Persian Gulf region.  

    The current conflict takes place amidst some of the largest and most strategic maritime trade routes on the planet. Following joint military strikes by the US and Israel on Iran beginning Saturday, Feb. 28, assessment of safety, security, and structural viability of the Persian Gulf, Strait of Hormuz, Gulf of Oman, and Red Sea corridors continue.  

    Kristen DiLandro

    Kristen DiLandro is a reporter for Steel Market Update. Kristen focuses on the micro and macro steel market conditions informing North American spot prices. Following her agency career in advertising, she attained an MFA in Writing from Savannah College of Art and Design. Kristen can be reached at kristen@steelmarketupdate.com or 724-221-8143.

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