Jackie Northam

And Wednesday evening into Thursday morning was one of the heaviest bombardments of Israel.

And there have been a number of strikes overnight across the Gulf states.

Iran's Revolutionary Guard Corps has also threatened to target the Middle East operations of U.S.

tech companies such as NVIDIA and Amazon and Apple if any more Iranian leaders are assassinated.

And there are quite a number of these tech companies in the Gulf region as those states try to diversify their economies.

Iran knows that launching the odd missile or drone at a vessel or even a threat of one can strangle marine traffic in the Strait of Hormuz like we're seeing now.

And it's using that as a weapon.

And, you know, this bottleneck is creating serious threat for the global energy shipping and, frankly, the global economy.

Right.

Well, container ships represent a much smaller global percentage, about 3%, than the oil tankers in the Strait of Hormuz.

But they're carrying valuable cargo, aluminum, fertilizer, and food to the Middle East.

And I spoke with Matthew Wright, and he's the lead freight analyst at Kepler, which is a global trade intelligence provider.

And he says the Mideast relies on the container ships.

Wright says at the moment, container ships are not passing through the Strait of Hormuz because of the security risk.

And last week, a container ship did come under attack.

The crew abandoned ship.

It's been adrift.

And when a tugboat from the United Arab Emirates went out to assist it, it was struck by a missile, killing all eight on board.

Well, it sits.

It sits in port.