Chip buyers in Europe are paying more and tapping backup stores as Iran war hits air freight
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Source: CNBC
Published: 2026-03-19 17:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Europe, Military & Defence, Iran, Trade & Sanctions, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
European companies that import semiconductors from Asia are tapping into backup stores and paying more for deliveries as the Iran war causes disruption to air freight routes through the Middle East, industry insiders have told CNBC.
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