Energy markets, global trade stakeholders and the international freight industry were bracing for Iran’s response to US strikes on its nuclear sites early this week. The various retaliation scenarios included Iran’s possible closure of the Strait of Hormuz, which could have significant implications for all of the above. Late Monday though, following a measured Iranian […] The post Freightos: Transpacific rates falling sharply; Israel-Iran ceasefire could avert disruptions appeared first on Container News .