Business Now Sky News - Iran–Israel Conflict Raises Strait of Hormuz Trade Fears

Freight & Trade Alliance (FTA) and the Australian Peak Shippers Association (APSA) continue to lead industry advocacy on global trade and supply chain challenges. As part of our ongoing engagement with Business Now on Sky News, FTA/APSA's Tom Jensen joined Ed Boyd on Tuesday 24 June 2025 to unpack the potential fallout from escalating tensions in the Strait of Hormuz.

The interview highlighted:

• The strategic importance of the Strait of Hormuz for global energy flows and containerised shipping.

• Potential shipping diversions and cost blowouts if the route is blocked or threatened.

• The knock-on effects for Australian importers and exporters, particularly in terms of oil-linked surcharges and supply chain predictability.

• FTA/APSA's call for federal government preparedness and targeted support for the freight and logistics sector.