The Strait of Hormuz is not just an oil chokepoint

• / The Strait of Hormuz is critical for global trade, not just oil—its closure could disrupt supply chains worldwide, affecting everything from electronics to food.
• / Any conflict or blockade in the strait would trigger immediate economic shocks, including price spikes, shortages, and market volatility across industries.
• / Geopolitical tensions in the region require urgent contingency planning by governments and businesses to mitigate risks to globalized production.

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