Strait of Hormuz Closure Triggers Global Supply Chain Crisis
The closure of the Strait of Hormuz has driven Brent crude toward $120/barrel, creating a supply-driven inflation shock that extends beyond energy to agricultural commodities, with soybeans and corn surging on heavy volume. Defense contractors are hitting record highs as markets price in prolonged conflict scenarios.
Chokepoint closure demonstrates Iran's ability to weaponize global energy flows, forcing immediate recalibration of supply chains and monetary policy worldwide.
oil
inflation
supply chain
commodities