Business & Finance
Print edition: 2026-03-26
Maersk says ME has pressing need for food imports
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OSLO: The Middle East region has a “pressing need” for food imports that have been disrupted by the outbreak of war in the Gulf, the chair of the board of Danish container shipping group A.P. Moller-Maersk said on Wednesday.
According to the World Economic Forum, Gulf Cooperation Council countries - which include Saudi Arabia, Qatar and the United Arab Emirates - import up to 85% of their food.
The war that began with US-Israeli strikes on Iran last month, followed by Iranian attacks across the region and its closing of the Strait of Hormuz, has brought shipping in the Gulf to a near standstill, rippling across global supply chains.