Brind.
  1. US military conducted drills in Caracas on May 29, while Iran simultaneously released a new map claiming control over the Strait of Hormuz.
  2. Conflict in the Middle East has led to the closure of the Strait of Hormuz, causing vital energy, food, and fertilizer flows to be disrupted, leading to inflationary pressures.
  3. Disruptions in the Strait of Hormuz are causing issues with oil, LNG, and fertilizer supply chains, impacting Africa and the global food system.
  4. Gulf tensions and Iran-USA conflict are causing shipping disruptions and fertilizer supply issues globally.

Geopolitical tensions and the closure of the Strait of Hormuz are causing economic strain on Algeria and Morocco.

2 reports, 2 independent Updated Aug 31
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Geopolitical tensions and the closure of the Strait of Hormuz are causing economic strain on Algeria and Morocco.

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  1. Hormuz disruptions are causing economic strain on Morocco, affecting its transport costs and exposing its competitive sectors to volatility from China.Sub-event
  2. Hormuz closure drives oil price hikes, pressuring Algeria's green transition and disrupting Moroccan imports.1 source

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