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Strait of Hormuz remains risk for supply chains
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© Commerzbank
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.