Explainer
How Iran war created unexpected economic beneficiaries
The Strait of Hormuz crisis is reshaping global energy and trade flows, creating opportunities for economies far beyond the Middle East.
Despite triggering one of the largest disruptions to global trade and energy flows in decades, the US-Israel war with Iran has created a handful of unexpected beneficiaries.
As the Strait of Hormuz remains effectively closed more than three months into the conflict, importers have scrambled for alternative fuel supplies while shipping companies and airlines have rerouted cargo and traffic flows across continents.
The resulting upheaval has produced winners in unexpected places. From Omani ports and Nigerian refineries to Venezuelan oil fields and Syrian airspace, actors far removed from the front lines of the conflict have stepped in to fill gaps left by the Gulf disruption.
Syria
