Week in Focus

Analysis and background on economics, capital markts and financials. New every week.

Strait of Hormuz remains risk for supply chains

Video
Video Krämers Focus
© Commerzbank
object_document_document_24_outline

10 April 2026: Strait of Hormuz remains risk for supply chains

Despite the ceasefire in the Middle East, shipping traffic through the Strait of Hormuz remains restricted. While Germany imports relatively little oil and natural gas from the countries bordering the Persian Gulf, it does import important chemicals and noble gases. In addition, some Asian countries may be able to export fewer goods, such as electronics, to Europe due to shortages of oil and natural gas. Currently, there are no signs of a supply chain crisis like the one during the pandemic. However, that could change.