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These 3 industries have been most disrupted by the Strait of Hormuz closure, say chief economists

This video is part of: Centre for the New Economy and Society

When conflict closed the Strait of Hormuz in late February, the planet lost a waterway that carries around 20% of its oil and gas trade.


But what is the economic fallout likely to be?

This is one of the key talking points in the latest Chief Economists’ Outlook, a World Economic Forum report that polls the expectations of some of the planet’s leading chief economists.

Here is Forum Insight Lead Philipp Grosskurth to talk you through its findings, from growth forecasts to the impact of AI to the best environments to do business in 2026.

Read the full report here.

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Economic Growth
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