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The Economic Times

Automobile / The Economic Times

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From autos to chemicals, Hormuz crisis widens supply risks beyond oil: UBS

Trade disruption at the Strait of Hormuz affects more than just oil and gas. Key industries like automobiles, chemicals, and personal care products face supply shortages. UBS reports the region is a vital source for many commodities. This blockage creates manufacturing challenges due to lack of availability, not just higher costs. Prolonged issues could impact global manufacturing.

25 Mar 2026 11:57 am