Strait of Hormuz Crisis: Severe Threat to Asia-Gulf Energy and Trade Routes

A closure or significant restriction of the Strait of Hormuz poses an immediate threat to oil and LNG flows to Asian economies, with tanker and LNG spot rates likely to spike sharply on rerouting demand via Cape of Good Hope. Logistics operators should urgently review war risk insurance coverage and alternative supply contingencies, as disruption could affect up to 20% of global seaborne oil trade. Commercial exposure across tanker, bulk, and gas segments is significant and requires active risk management now.