Why Russia's Northern Sea Route is a risk for global trade

Federaţia Rusă

The Iran war and resulting blockade of the Strait of Hormuz have focused minds on international shipping. Russian officials are promoting the Northern Sea Route (NSR), an Arctic sea lane running along their country's northern coast. President Vladimir Putin said in April the route's importance as "the most safe, reliable and efficient path is becoming ever more obvious." It is the shortest maritime route between Asia and Europe. But it's frozen for much of the year, and comes with significant

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