Thematic Research: Strait of Hormuz: Twenty Miles That Shook the World

Research evidence excerpt

Thematic Research: Strait of Hormuz: Twenty Miles That Shook the World

Deutsche Bank

Research

Global Industry Date

22 June 2026

Thematic Research

Strait of Hormuz: Twenty Miles That

Shook the World

Debbie Jones

Twenty Miles That Shook the World: Global Head Sustainability and Data Innovation

Analyzing the impact of the Iran conflict and charting a new normal in the Strait

Peter Hooper, Ph.D.

of Hormuz.

Vice-Chair of Research

The report is available on the Deutsche Bank Research Institute site here. It is open Jim Reid

to all so feel free to share. Global Head of Macro and Thematic Research

Chris Robertson

Even as the Strait of Hormuz begins to reopen, oil tankers transit, and Research Analyst

negotiations between Iran and the US resume, describing its 16-week closure as Tristan Lamotte

simply an energy crisis would understate its lasting impact across the global Research Analyst

economy. The narrow waterway also disrupted trade in fertilizer, petrochemical,

Jaime Rowbotham

industrial feedstocks, helium, and more. Few economies were untouched, with

Research Analyst

effects felt from semiconductors to balloons.

David Begleiter

Some of the damage is temporary; much is not. In this report, we gauge the SoH Research Analyst

crisis’ broad impacts and assess how quickly normalization can proceed, assuming Helen Belopolsky

a durable reopening agreement emerges. We also identify changes to the global Global Head of Geopolitical Research

landscape that are likely to endure into the medium term and could prove Liam Fitzpatrick

permanent. The report includes our dbDataInsights analysis of stranded vessels Research Analyst

and Strait crossings since the conflict began, which show a notable uptick in exit

Michael Hsueh

traffic despite Iran’s renewed claim that the SoH is closed.