Strait of Hormuz blockade, contracts under pressure – Andrea Puccio interviewed by Il Sole 24 Ore

The blockade of the Strait of Hormuz and the international tensions arising from the conflict in Iran are increasing pressure on businesses, with impacts reverberating across global logistics. Delays, uncertainty regarding delivery timelines, and risks of contractual breaches are on the rise, while companies operating internationally also face a growing risk of exposure to international sanctions.

Our Founding Partner Andrea Puccio, in an interview conducted by Massimiliano Carbonaro, explored the main legal and operational risks that companies are facing in this complex geopolitical landscape.

“On the one hand, companies must first assess any potential exposure to criminal law violations; on the other, they need to conduct a preliminary assessment and implement a series of controls across the entire supply chain. It is therefore essential to strengthen the internal compliance framework and extend it throughout the supply chain”, Andrea explains.

To learn more, the full article published by Il Sole 24 Ore is available here.