'Tsunami effect': Hormuz blockade impacts global supply chains, developing countries curtail imports
With oil prices surging past $126 per barrel, Nadia Massih is joined by Amena Bakr, Head of Middle East Energy & OPEC+ Insights at Kpler in Dubai. The Hormuz blockade, she argues, exposes the fragility of global energy systems far more than political signalling ever could. Her warning extends beyond price volatility. She describes the broader economic repercussions as a “tsunami effect,” highlighting how supply chain disruptions and energy shortages ripple outward, particularly impacting import-dependent economies in Asia and vulnerable developing nations already curtailing consumption.
With oil prices surging past $126 per barrel, Nadia Massih is joined by Amena Bakr, Head of Middle East Energy & OPEC+ Insights at Kpler in Dubai. The Hormuz blockade, she argues, exposes the fragility of global energy systems far more than political signalling ever could. Her warning extends beyond price volatility. She describes the broader economic repercussions as a “tsunami effect,” highlighting how supply chain disruptions and energy shortages ripple outward, particularly impacting import-dependent economies in Asia and vulnerable developing nations already curtailing consumption.
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