Which global supply-chain risk is classified as a political hazard?

Currency fluctuation is primarily an economic risk rather than a political one. It involves changes in exchange rates that can affect the cost of imports and exports but does not directly relate to government actions or policies. While significant, it falls under financial risk rather than political hazard.

Port congestion is a logistical issue typically associated with operational inefficiencies, infrastructure limitations, or labor disputes. It does not stem from political decisions or government actions, making it a logistical risk rather than a political hazard that affects supply chains.

Container shortage is an operational risk related to the supply and demand dynamics within the shipping industry. It arises from factors such as production delays or shipping capacity but is not influenced by political actions or decisions, distinguishing it from political hazards like expropriation.