"Ships are not transiting the Strait of Hormuz... which means energy is not getting out, which means fertilizer is not getting out, which means we are hurtling towards disaster."
"Rather than weakening the regime, it appears to have solidified the control of the IRGC and of the hardliners, reinforcing their long-standing narrative of U.S. hostility."
"A prolonged disruption could push oil prices into the $130 to $150 range, with cascading impacts on input costs and global food prices."
The closure of the Strait of Hormuz is causing real disruptions in global energy and food systems. U.S. strategies aimed at pressuring Iran may be miscalculated, as they could reinforce the control of the Islamic Revolutionary Guard Corps. The blockade is expected to push oil prices significantly higher, impacting agricultural input costs and food prices. Additionally, countries are investing in alternative energy and supply routes to mitigate reliance on the Strait, indicating a structural shift in response to geopolitical tensions.
Read at Realagriculture
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