Strait of Hormuz Disruptions Amid US-Israel-Iran Conflict Impact Global Energy and Economies

The escalating conflict involving the US, Israel, and Iran has disrupted shipping through the Strait of Hormuz, a critical chokepoint handling about 20% of global seaborne oil and liquefied natural gas. This disruption threatens logistics and trade routes, particularly impacting Asia-Pacific economies reliant on Middle Eastern energy imports. Experts warn of potential inflationary pressures and economic challenges as higher energy and food prices affect both advanced and emerging markets in the region.