Shipping giant MSC halts Gulf exports amid war risks

"In light of the ongoing and exceptional security situation in the Middle East... it is necessary to declare an 'End of Voyage' for certain export shipments" from Gulf ports, "whether located ashore or already onboard", MSC said in an advisory notice to customers. The announcement from the world's biggest container shipping firm came as the Iran war sent oil prices soaring on Monday after Tehran, under a new supreme leader, fired a fresh barrage of missiles at its Gulf neighbours and signalled that...