04/03/2026
Over the past 24 hours, the escalation of the conflict between the United States, Israel, and Iran has intensified the impacts on international trade and global logistics.
One of the main points of concern is the Strait of Hormuz, a strategic corridor through which approximately 20% of the world’s traded oil and gas passes. Maritime traffic in the region has virtually halted following attacks and threats against vessels, leaving hundreds of ships waiting or rerouting.
As a direct consequence, maritime insurers have begun canceling or restricting war risk coverage, while insurance premiums are rising significantly. At the same time, some carriers have already suspended or redirected operations in the Gulf region, increasing the risk of delays and higher freight rates on routes connected to the Middle East.
The partial disruption of this strategic route is also putting pressure on global energy markets, driving up oil prices and increasing volatility in international logistics costs — a factor that may impact supply chains and transportation operations in several countries, including Brazil.
In addition, major Middle Eastern logistics hubs, such as Dubai, are already beginning to feel indirect effects of the crisis, which may lead to operational adjustments in both air and ocean routes that use the region as an international connection point.
For Brazilian foreign trade, this scenario may result in higher logistics costs, increased volatility in international freight rates, and a greater need for advance planning of operations, particularly for supply chains that depend on global routes connected to Asia, Europe, and the Middle East.
