But it's also disrupting the wider global supply chain beyond oil, affecting everything from pharmaceuticals from India, semiconductors from Asia and oil-derived products like fertilisers that come from the Middle East. ADVERTISEMENT"This is really causing some major impacts within the global supply chain," said Patrick Penfield, professor of supply chain practice at Syracuse University. "The supply chain is kind of like a long train with many cars, and each car represents, let's say, a port in the world. "So, although we only have a small number of ports affected by this military action, it can really have a big effect on the total supply chain." Air cargo under pressureAir cargo has also been constrained.

Source: The Telegraph March 04, 2026 06:43 UTC