Iran War to Impact Shipping Long After It Ends, Japan’s MOL Says

The impact of the Middle East conflict on the shipping industry and global supply chains will linger long after the war ends, according to the head of one of the world’s largest tanker owners.

“It’s a bit naive to say that, after this has ended, that things will go back to pre-war situations,” Jotaro Tamura, president and chief executive officer of Mitsui O.S.K. Lines Ltd., said in an interview in Singapore. “We will not go back to the world where we used to.”