Disruption in the Strait of Hormuz is a global inflation, shipping and growth story

Lse.ac.uk - March 12, 2026

Disruption in the Strait of Hormuz is a global inflation, shipping and growth story

The Strait of Hormuz is critical to global oil and gas supplies, and to the conflict in Iran. Mohsen Khezri calls the Strait an “economic clock of war”: a short closure is an oil shock but a long closure becomes an inflation and growth shock. And while strate…

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