Middle East crisis causing disruption for maritime and logistics industries

The US-Israel-Iran war is severely disrupting global energy and logistics markets, heightening recession and inflation risks, warns GlobalData. With the Strait of Hormuz heavily constrained and commercial shipping facing elevated threats, markets are extremely sensitive to supply losses, delays and shifting geopolitical risk premiums. Oil and refined product prices remain volatile, while LNG, freight rates and war-risk insurance costs are rising across major trade routes. These pressures increase the likelihood of renewed inflation and weaker growth in the Middle East and beyond.