Name: Inflation under the shadow of the Strait of Hormuz
Uploaded: 2026-03-03T18:28:50+08:00
Duration: 2 min 32 s
Description: A prolonged closure of the Strait of Hormuz would send oil prices even higher and add inflationary pressure through energy, fertilizer and food supply chains.

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02:32

The joint military action by the US and Israel against Iran has disrupted shipping through the strategic Strait of Hormuz, posing risks to global energy supplies. A prolonged closure of the Strait of Hormuz would send oil prices even higher and add inflationary pressure through energy, fertilizer and food supply chains. CGTN reporter Hou Jing explains why, as the global recovery remains fragile, spillover risks deserve close attention.

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