Renewed Hostilities in the Strait of Hormuz Threaten to Compound Glob…

Renewed Iranian attacks on commercial vessels in the Strait of Hormuz have collapsed throughput to 1.27% of pre-conflict levels, with war-risk insurance premiums rising 33-fold to 5%; LNG and fertilizer shipments have stalled entirely, threatening to compound inflationary pressures on energy and food-importing economies. If you sell into energy or food-importing markets, your input costs just went up structurally: war-risk premiums alone add USD 6-9m per oil shipment, and fertiliser and LNG flows have stopped. Your customers' margins are compressing now, not in three months.