the bill needs to go to the senate, and if it passes there, president biden says he will sign it. shipping companies across the globe are keeping a close eye on the conflict in the middle east. freight costs have already gone up significantly due to escalating tensions and volatile oil prices. those costs could increase further, if there s any disruption to the strait of hormuz. just last weekend, iran s revolutionary guards seized a cargo ship linked to israel, along the narrow waterway. our business reporter david waddell has more. here s that scene aboard the msc ares filmed on saturday. it appears to show two people understood to be iranian revolutionary guards descending onto the vessel. the ship s leased by msc, the world s biggest container shipping company, but she s partially owned by an israeli businessman, eyal 0fer, which may have made her vulnerable to iranian attention. that took place at the strait of hormuz, one of a number
to the senate, and if it passes there, president biden says he will sign it. shipping companies across the globe are keeping a close eye on the conflict in the middle east. freight costs have already gone up significantly due to escalating tensions and volatile oil prices. those costs could increase further, if there s any disruption to the strait of hormuz. just last weekend, iran s revolutionary guards seized a cargo ship linked to israel along the narrow waterway. our business reporter david waddell has more. here s that scene aboard the msc ares filmed on saturday. it appears to show two people understood to be iranian revolutionary guards descending onto the vessel. the ship s leased by msc, the world s biggest container shipping company, but she s partially owned by an israeli businessman, eyal ofer, which may have made her vulnerable to iranian attention. that took place at the strait of hormuz, one of a number of major global trade chokepoints, often an anxious
Iran’s state-run IRNA said a special forces unit of the Guard’s navy carried out the attack on the Israeli-affiliated vessel, the latest in a series of attacks between the two countries