With the Strait of Hormuz effectively blockaded as part of the ongoing U.S.-Iran war, a number of shortages beyond gasoline are brewing: Helium, aluminum, and liquid natural gas (LNG) are all in increasingly short supply. This bottleneck could hit a wide range of industries, including chip manufacturing and data centers, as they are key components of day-to-day operation.

And with Iran now confirmed to have released sea mines into the Strait, its closure looks set to continue for a few more weeks, posing a grave threat to many global industries and the global economy in turn.