#Freight Rates

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Global Shipping Rates Crash 40% as Strait of Hormuz Reopens to Free Trade

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By Ali Raza SheikhJun 18, 2026

Global Shipping Rates Crash 40% as Strait of Hormuz Reopens to Free Trade

Global ocean freight rates have crashed by 40% following the reopening of the Strait of Hormuz, eliminating the geopolitical "surge pricing" that plag...

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#Freight Rates

Global Shipping Rates Crash 40% as Strait of Hormuz Reopens to Free Trade

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