Weekly highlights Ocean rates – Freightos Baltic Index Air rates – Freightos Air Index Analysis Tensions between Iran and the US continue to climb around the Strait of Hormuz, with Iran now announcing plans to impose a wider exclusion zone on areas near the strait. Fuel rates have trended up since the ceasefire collapse in […] The post Mediterranean ocean rates pull even with Asia – EU, possibly from Red Sea transit bump – September 8, 2026 Update appeared first on Freightos .