The CEO of Maersk, which ships 14% of everything you buy, said the Iran war is adding $500 million in monthly costs it’s trying not to pass down
Maersk, the global shipping giant responsible for 14% of worldwide container traffic, is absorbing $500 million in monthly costs due to geopolitical disruptions in the Iran region. CEO Vincent Clerc expressed concern about demand destruction if these costs eventually propagate to consumer prices, signaling potential broader economic impacts.

