Strait of Hormuz disruption removes 20% of global oil and LNG flows
Supply shock forces immediate sourcing and consumption cuts
Change
Conflict-driven disruption in the Strait of Hormuz halted roughly 20% of global oil and LNG flows, removing about 400 million barrels from markets.
Why it matters
The disruption eliminates routine Middle East supply access, forcing buyers to secure alternatives or reduce consumption under tight timelines.
Implications
- — Energy buyers must source alternative supplies — procurement pressure surges
- — Fertiliser production constrained — agricultural output risk increases
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