Strait of Hormuz · ECONOMIC
7/10
Severity
Shell CEO Wael Sawan warns that ongoing regional conflict involving Iran is causing energy market tightening that could lead to fuel shortages in Europe by next month.
AI Reasoning
The risk score reflects the potential for significant economic disruption to global energy supply chains stemming from the ongoing conflict involving Iran, which directly threatens maritime transit through the Strait of Hormuz and surrounding waters.