
Iran War Broadens Global Supply-Chain Shocks Beyond Oil
The Iran conflict is disrupting far more than oil: helium supplies are tightening due to LNG-linked production in Qatar, with prices possibly rising as storage and demand pressure increase; pharmaceutical shipments—especially vaccines, insulin, biologics, and cancer therapies—face delays that could raise costs for consumers; and fertilizer flows through the Strait of Hormuz have slowed, heightening farmer costs and the risk of food-price inflation, underscoring that Hormuz is a chokepoint for multiple essential trades beyond energy.












