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Choke Point: The Global Economic Consequences of The Persian Gulf Shutdown Let’s look at the three commodity categories most exposed to such a disruption: crude oil and refined petroleum products, liquefied natural gas (LNG), and urea, the nitrogen fertiliser upon which modern...See more

Choke Point: The Global Economic Consequences of The Persian Gulf Shutdown - The Ron Paul Institute for Peace & Prosperity

The Persian Gulf is the most consequential body of water in the global economy. Its narrow exit — the Strait of Hormuz, just 33 kilometres wide at its narrowest point — acts as a valve through which flows an extraordinary share of the world’s energy and agricultural inputs. A sustained…

ronpaulinstitute.org

Mar 12 2026 · 12:10 PM

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