{
  "id": 504620,
  "title": "Spinneys reroutes food shipments amid Strait of Hormuz disruption, cuts delays from 38 days to 9",
  "url": "https://urgent.news/2026/08/10/spinneys-reroutes-food-shipments-amid-strait-of-hormuz-disruption",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T21:21:01.000Z",
  "source": {
    "name": "Arabian Business",
    "slug": "arabian-business",
    "url": "https://www.arabianbusiness.com/business/retail/spinneys-reroutes-food-shipments-strait-of-hormuz"
  },
  "original_language": "en",
  "account": null,
  "summary": "Spinneys has rerouted its sea cargo shipments due to disruption in the Strait of Hormuz, significantly reducing delays from 38 days to 9 days. The company reported a 5.1% increase in revenue to AED1.9bn for the first half of the year.\n\nThe Strait of Hormuz has been closed, impacting oil exports. According to Gulf Times Business, Iraqi crude oil exports have dropped from 3.4 million barrels per day to between 1.5 million and 1.7 million bpd.\n\nThe closure has prompted countries to explore alternative routes. Iraq's Minister of Oil, Basim Khudair, stated that the country's oil fields can restore previous production and export levels, and that the government is working to diversify export routes and enhance gas investment.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "BBC News",
        "title": "Oil prices fall on hopes Strait of Hormuz could reopen",
        "url": "https://urgent.news/2026/08/04/oil-prices-fall-on-hopes-strait-of-hormuz-could-reopen",
        "published": "2026-08-04T14:58:16.000Z"
      },
      {
        "outlet": "Semafor",
        "title": "New deal expected to open the Strait of Hormuz",
        "url": "https://urgent.news/2026/08/05/new-deal-expected-to-open-the-strait-of-hormuz",
        "published": "2026-08-05T12:23:40.000Z"
      },
      {
        "outlet": "Arabian Business",
        "title": "Can we ever bypass the Strait of Hormuz and make regional supply chains conflict-proof?",
        "url": "https://urgent.news/2026/08/08/can-we-ever-bypass-the-strait-of-hormuz-and-make-regional-supply",
        "published": "2026-08-08T10:00:00.000Z"
      },
      {
        "outlet": "Gulf Times Business",
        "title": "Iraq oil exports plunge on Strait of Hormuz closure",
        "url": "https://urgent.news/2026/08/09/iraq-oil-exports-plunge-on-strait-of-hormuz-closure",
        "published": "2026-08-09T15:52:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}