'Cascading effects' of Strait of Hormuz blockage getting worse by the day, energy and trade experts say

'Cascading effects' of Strait of Hormuz blockage getting worse by the day, energy and trade experts say

Rising oil prices are just the start. By blocking the Strait of Hormuz, global supply chains are at risk. For every day the war drags on, the list of product shortages grows. Shortages of fertilizer for farmers, critical minerals, and helium for semiconductor production are already being felt around the world.