The ongoing conflict in Iran poses significant risks to global trade, particularly through the Strait of Hormuz, a vital shipping route for energy and commodities.
The timeline for the war's resolution is unclear, which complicates projections for supply chain recovery. A swift conclusion could facilitate a quicker rebound in trade activities.
Once the Strait of Hormuz is reopened, the focus will shift to the capacity of energy, fertilizer, and other supply chains to restore operations efficiently. Monitoring throughput and logistical capabilities will be essential.