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The conflict in the Middle East has turned the container shipping sector into a “wild west”, with carriers adding thousands of dollars in extra charges and dumping containers at far-flung ports, according to shipping groups and removal companies.

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I would think "wild west" is more appropriate in terms of bandits and sheriffs. Like, in terms of the security for global shipping & trade.

I see your point, but I can't resist a bit of pedantry here.

Since the phrase "the wild west" originally referred to the level of development rather than lawlessness (the modern idea of "the wild west" never actually existed), the usage of the phrase here may be more appropriate than it seems.

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