Economic Disruption
A disruptive war ✏️ Glenn Junsay Pansensoy · 📁 International Condition · ⏱️ 6 min read Iran War & Global Trade Disruption Analysis Geopolitical Trade Analysis The Iran War & Global Trade Disruption The war in Iran has severely disrupted international trade, primarily through the closure of the Strait of Hormuz, a vital chokepoint for 20% of global oil and significant LNG flows. This has spiked energy prices, rerouted shipping via longer paths like the Cape of Good Hope, and imposed conflict surcharges by carriers. Economies worldwide face higher costs, supply chain delays, and recession risks if disruptions persist. 🛢️ Strait of Hormuz Closure Iran's blockade has halted roughly 20 million barrels of daily oil transit, driving crude prices above $80 per barrel and potentially to $100–$200. War-risk insurance premi...