Oil, LNG, fertilisers and maybe diamonds: What is at risk from Iran’s wider blockade threat

Jul 15, 2026 - 17:00
Oil, LNG, fertilisers and maybe diamonds: What is at risk from Iran’s wider blockade threat

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Iran has warned of wider trade disruptions beyond the Strait of Hormuz. This threat could impact crucial energy and other export flows from the region. The Strait of Hormuz is a vital chokepoint for global oil and gas shipments. Asia, which receives most of these shipments, faces significant exposure. Tensions are escalating as the US conducts strikes against Iranian capabilities.

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