Trieste and the New Routes of Global Trade

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Factuality

Ownership

The tensions emerging in the Gulf and Strait of Hormuz clearly demonstrate the vulnerability of some of the main international trade routes. The ongoing crisis is already exerting strong inflationary pressure on the prices of gas, oil, and other strategic goods like fertilizers, which is impacting global food prices. As these transportation hubs become more exposed to geopolitical tensions, the immediate need to strengthen security and diversify…