US-Iran Conflict Causes Supply Chain Disruptions, Threatening Higher Christmas Prices
The ongoing conflict between the US and Iran is causing significant disruptions in global supply chains, particularly affecting the Strait of Hormuz, a critical chokepoint for oil transportation. According to logistics specialist Advanced Supply Chain (ASC), the disruption could lead to higher prices for consumers during the Christmas season. The company warns that transport costs may not return to pre-conflict levels until mid-July, even if peace talks reopen safe passage through the Strait. This timing is critical for retailers who are already placing Christmas orders and facing elevated freight and supply chain costs. 
