Disruption pushes up costs for raw materials and logistics, potentially causing EV prices to rise 10-12% in Q4.

1 report, 1 independent Updated Aug 12

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Hormuz

Keep exploring

Part of

Chokepoint vulnerability affects all global trade, and underinvestment threatens the global energy supply chain via the Strait of Hormuz.

Also in this story

Strategic partnership established for energy reserves, and a peace deal between Iran and the US opened the Hormuz chokepoint.Jun 29

All 3 developments

The entities involved

Hormuz
city in Hormozgan Province, Iran
- US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
- Talks regarding an Iran deal are underway, with a ceasefire reached after deadly exchanges, and Trump supporting Israel.Mon 17:12

Related events

Disruptions stemming from the Iran conflict are pushing up fuel and freight costs and impacting global supply chains.Jun 15

Coverage

Newest first; wire copies grouped

Aug 12thehindubusinessline.com