30 Days Without the Strait of Hormuz: A $60 Billion Shock to Global Energy Markets
A potential closure of the Strait of Hormuz for just 30 days could disrupt global energy trade by more than 60 billion USD, significantly increase oil prices, and create additional inflationary pressure on the global economy. Since around 20% of global oil trade passes through this narrow maritime corridor, the Strait of Hormuz remains one of the most critical geopolitical
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