Iran War - Hormuz Global Economy and Energy Crisis

• Historic Disruption in Energy Supply:
The largest supply disruption in history is occurring in oil and refined products. The barrel price of oil could reach $200 by 2026 if the war continues for an extended period.
• Inflation and Recession Risk:
Rising energy costs on a global scale will slow growth, increase unemployment, and push economies into a severe recession.
• Logistics and Transportation Under Strain:
Price increases particularly in diesel and jet fuel; shipping, air, and truck transportation are facing difficulties. This situation reflects on the prices of every type of product, from food to technology.
• Chaos in the Persian Gulf:
Due to conflicts in the Gulf, port congestion is occurring. While shipping companies pass additional costs to customers, routes are changing and insurance premiums are rising.
• Natural Gas and LNG Crisis:
Damage to critical facilities like Qatar threatens not only heating but also the production of strategic materials such as fertilizer, semiconductor chips, and helium.
• Infrastructure Insecurity:
Energy infrastructure now being considered "fragile" rather than "secure" creates persistent concern and price pressure in markets.