A South Korean ship tests the Arctic route to Europe amid Middle East tensions. U.S. warships through the Strait of Hormuz by August 31, 2026 at 4.2% YES.

The Northern Sea Route, chiefly used by Chinese and Russian vessels, could shorten voyages and save fuel, but requires Russian cooperation.

South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially v