Insights Global’s Patrick Kulsen explores how geopolitical events prompt traders, producers and consumers to rethink their supply chain structure Recent events, like the closure of the Strait of Hormuz, were categorised as ‘highly unlikely’ just a year ago. Traders and supply chain managers are now waking up in a totally different world where past risk profiles and scenario planning exercises are unrealistic and need to be recalibrated and aligned to a new reality. The implications are immense, and the bulk liquid supply chain is finally getting its spotlight on a global stage. A New Era of Global Competition Since the […]
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