The last ships through the Strait of Hormuz before its March 4, 2026 closure are now arriving, marking the start of real supply impacts. Using JP Morgan, EIA, IEA, and UN data, this breaks down what’s on those ships and who depends on them, plus what happens to fuel, food, fertilizer, and supply chains when flow stops. Even if it reopens now, disruptions are locked in for weeks—and food impacts could last months.
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