Iran’s 5 Demands Paralyze 20% of Global Oil Flow: Supply Chains Brace for Shock
Iran’s ultimatum on August 8 threatens to keep the Strait of Hormuz closed indefinitely, choking off roughly 20% of the world’s oil shipments. For supply chain managers, the prolonged closure means skyrocketing logistics costs, tanker detours, and urgent inventory draws that could cascade through manufacturing, agriculture, and retail sectors worldwide.
Source: wjno.iheart.com · wilm.iheart.com