The economic and logistics impact of a strait disruption
Nairobi, May 24 -- As the war in the United Arab Emirates (UAE) rages on, governments across Africa are bracing for further disruption, as they get caught in the economic crossfire of a war thousands of miles away.
The most immediate impact across African cities has been a surge in fuel costs, escalating the inflationary gap while straining household budgets. Before we delve deeper into global trade maritime logistics, we must first describe what a strait is.
A strait is a narrow, natural waterway connecting two larger bodies of water. Major straits of the world include the Strait of Malacca connecting the Indian Ocean with the Pacific Ocean, Singapore Strait located between the Strait of Malacca and South China Sea, Strait of Hormuz li...
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