Hormuz Blockade To Push Metal and Cement Prices Up, Consultant Warns

March 17, 2026

All eyes are on the price of oil since around 20% of global supply passes through the narrow strait from the Persian Gulf into the Indian ocean. But the longer the de facto blockade continues, the greater the knock-on effects of prices and availability of crucial materials, Linesight’s report warns. It notes that the World Bank’s Global Supply Chain Stress Index is at its highest level since Russia’s full-scale invasion of Ukraine in February 2022.

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