Logistical workarounds, rerouted corridors, and cargo war insurance cannot fix the mounting crises facing global supply chains without world leaders actively negotiating diplomatic solutions, said DP World CEO Yuvraj Narayan. In a fireside chat at ET World Leaders Forum with Dilasha Seth, he said geopolitical actors should "make peace. It's not very complicated."Narayan was commenting on the impact of the Iran crisis that has stunted global supply chains.Highlighting the scale of current disruption, Narayan noted that DP World's flagship Jebel Ali Port terminal in Dubai is operating at approximately 10% capacity due to ongoing security threats surrounding the strategic Strait of Hormuz. While the company has secured domestic supplies for the UAE, the terminal's ability to serve the broader global supply chain has been severely impaired.ALSO READ | ET World Leaders Forum: PM Modi stood by president Trump in tough times, says US ambassador Sergio GorNarayan said DP World executed rapid contingency plans, redeploying 200 engineers, operators, and mobile equipment to activate the UAE's eastern ports of Fujairah and Khor Fakkan."Just because I have a life insurance doesn't mean I'm going to go and hang myself or jump into a snake pit," Narayan said, "When safety of navigation around two major waterways in the world gets impaired, insurance doesn't solve the problem."ALSO READ | ET World Leaders Forum 2026: India Inc’s got all it takes to roll out ‘World+1’ model, says Kumar Manglam BirlaThe closure and disruption of vital waterways such as the Red Sea and the Strait of Hormuz are driving severe inflationary pressures. "Who do you think pays for it? The ultimate consumer will pay for it," Narayan said.These ongoing shocks are accelerating a broader reorganisation of global trade. Supply chains are diversifying away from an over-reliance on single manufacturing hubs like China toward multi-hub models across Southeast Asia, Latin America, and India.Amid this global pivot, Narayan positioned India as a primary beneficiary, praising its vast domestic consumer base, digitised economy, and recent reforms.