(FILES) A picture taken March 1, 2022 shows a view of cranes and shipping containers at a loading dock of Jeddah's Islamic Seaport on Saudi Arabia's western Red Sea coast. The closure of the Strait of Hormuz, and particularly tensions in the Red Sea, are reshaping the logistics routes for goods trade, with Africa becoming a hub for global container traffic, according to logistics and maritime sources. The closure of the Strait of Hormuz, and particularly tensions in the Red Sea, are reshaping the logistics routes for goods trade, with Africa becoming a hub for global container traffic, according to logistics and maritime sources. Locally, over the past two months, the blockade of the Strait of Hormuz has also prompted shipowners to find alternative land routes to deliver, by lorry, foodstuffs and manufactured goods that can no longer reach the Gulf's coastal countries by sea. (Photo by Fayez Nureldine / AFP via Getty Images)

People check a M-Hero 817 military-style luxury car owned by Dongfeng Motor Corporation is displayed at the Beijing Auto Show in Beijing on April 30, 2026. (Photo by Adek BERRY / AFP via Getty Images)

MIAMI, FLORIDA - APRIL 30: Isack Hadjar of France and Oracle Red Bull Racing looks on in the Paddock during previews ahead of the F1 Grand Prix of Miami at Miami International Autodrome on April 30, 2026 in Miami, Florida. (Photo by Clive Mason/Getty Images)

MIAMI, FLORIDA - APRIL 30: Isack Hadjar of France and Oracle Red Bull Racing looks on in the Paddock during previews ahead of the F1 Grand Prix of Miami at Miami International Autodrome on April 30, 2026 in Miami, Florida. (Photo by Clive Mason/Getty Images)

MIAMI, FLORIDA - APRIL 30: Ernesto Desiderio, Race Engineer of Visa Cash App Racing Bulls looks on in the Paddock during previews ahead of the F1 Grand Prix of Miami at Miami International Autodrome on April 30, 2026 in Miami, Florida. (Photo by Rudy Carezzevoli/Getty Images)

MIAMI, FLORIDA - APRIL 30: Liam Lawson of New Zealand and Visa Cash App Racing Bulls rides the track on his bicycle during previews ahead of the F1 Grand Prix of Miami at Miami International Autodrome on April 30, 2026 in Miami, Florida. (Photo by Rudy Carezzevoli/Getty Images)

MIAMI, FLORIDA - APRIL 30: Ernesto Desiderio, Race Engineer of Visa Cash App Racing Bulls looks on in the Paddock during previews ahead of the F1 Grand Prix of Miami at Miami International Autodrome on April 30, 2026 in Miami, Florida. (Photo by Rudy Carezzevoli/Getty Images)

TOPSHOT - Passengers prepare to board trains at Shanghai Hongqiao Railway Station in Shanghai on April 30, 2026, ahead of the Labour Day holiday which starts on May 1. (Photo by JADE GAO / AFP via Getty Images)