This New Route Makes the Suez Canal Obsolete
For decades, the Suez Canal was the undisputed king of global shipping. But a massive shortcut has opened up in the Arctic. The Northern Sea Route, hugging the coast of Russia, is now becoming ice-free year-round. This slashes travel time between Asia and Europe by 40%, saving billions in fuel costs.
But this new ‘icy silk road’ comes with a catch: it’s controlled by Russia. As the world pivots to this new artery of trade, it raises a critical question: Who will dominate the next era of global commerce?
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