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UNCTAD says Hormuz shipping disruptions raise risks for energy, fertilisers and vulnerable economies
Daily FT
|March 11, 2026
UN Trade and Development (UNCTAD) has released a rapid analysis-Strait of Hormuz Disruptions Implications for Global Trade and Development - examining the implications of recent disruptions to maritime traffic in the Strait of Hormuz, one of the world's most critical trade corridors.
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The Strait carries around one quarter of global seaborne oil trade, as well as significant volumes of liquefied natural gas and fertilisers. Military escalation in the region has disrupted shipping flows through this narrow passage, raising concerns about ripple effects across energy markets, maritime transport and global supply chains.
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