""The trade of frankincense is something that's well over 6,000 years old," says Anjanette DeCarlo, an adjunct professor at the University of Vermont. "Traded on the Silk Route into China and also, of course, brought into Europe, so widely used across the ancient world, right up till today.""
""The U.S.-Israel military operations against Iran have created significant uncertainty for our Omani frankincense imports," wrote an unidentified wholesaler. "Threats to close the Strait of Hormuz and rising war-risk surcharges are pressuring regional logistics costs, even for air freight.""
""When you look deep in supply chains, there are things that you don't expect," Miller says. "This one was interesting in that it was a significant impact to this company.""
Frankincense, an aromatic resin from Boswellia trees, has been a significant export from northern Africa and the Arabian Peninsula for over 6,000 years. Its trade routes historically included the Silk Route to China and Europe. Currently, frankincense is primarily used in health supplements and perfumes. However, military operations in the Middle East are disrupting its supply chain, particularly affecting imports from Oman and Yemen. The conflict has led to increased logistics costs and uncertainty in the market, highlighting the unexpected consequences of war on global trade.
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