Commodities
Iron Ore Cargoes Diverted From Mideast as Conflict Intensifies
Iron ore shipments are being disrupted by the worsening conflict in the Middle East, with some cargoes diverted mid-voyage to East Asia as war chokes one of the world’s most critical shipping lanes.
At least three cargoes of iron ore mined by London-based Anglo American Plc, and two from Brazil’s Vale SA, have had their destinations changed, according to ship-tracking data from analytics company Kpler.