Iran–US Ceasefire Explained: Hidden Costs of Hormuz Crisis on Global Economy & Trade

Описание: The ceasefire between the United States and Iran has triggered intense global debate, as its economic and geopolitical consequences continue to unfold. From the Strait of Hormuz disruption to severe shocks in global oil supply chains, the ripple effects have impacted international trade, energy markets, and economic stability across continents.

Reports indicate a sharp decline in maritime trade flow, extreme volatility in crude oil prices, and rising pressure on global GDP growth. Major economies, including developing nations like India, have faced inflationary pressure, rising import costs, and fiscal stress due to energy dependency and supply chain disruption.

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