63 resultsfor “Strait of Hormuz blockade impact”
blockade in the Strait of Hormuz, a key waterway for international trade. The impacts go beyond
blockade in the Strait of Hormuz, which has interrupted the world's fuel supply and impacted
blockade for months if needed and minimise impact on American consumers”, the official said.  on Iranian ports and ships, and maintaining a heavy presence around the Strait of Hormuz, through which 20 percent of the world’s oil and gas passes during peacetime. Although the Pentagon gave
blockades has been compounded by the presence of sea mines in the strait. In a briefing to Congress, the Pentagon warned it could take up to six months to clear all the suspected mines from
Strait of Hormuz protocol](/economy/2026/4/9/what-is-irans-strait-of-hormuz-protocol-and-will-other-nations-accept-it), which would include a tax on ships passing through the waterway. An early estimate indicates that Iran has suffered about $270bn in direct and indirect damages since the start
blockade of the strait of Hormuz has already sent oil and gas prices soaring, caused a [crisis in the global fertiliser industry](https://www.theguardian.com/world/2026/apr/03/visual-guide-gulf-fertiliser-blockade), and has made shipping and distribution more expensive. The effects