The Hormuz Blockade: The energy and supply chain crisis that’s upon us

We are sleepwalking into the worst energy crisis since the 1970s. The Strait of Hormuz has been closed for 34 days now, and with it the world’s supply of 20% of oil and gas, 30% of fertilizer, 33% of helium and 10% of aluminium, among other critical materials. Brent Oil is already at all-time high, but we haven’t priced in the effects nor have governments reacted. Shortages and high prices around…