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What the closure of the Strait of Hormuz means for the global economy

Lutz Kilian, Michael Plante and Alexander Richter
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Lutz Kilian: https://www.dallasfed.org/research/economists/kilian

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: The ongoing military conflict between Iran and the United States and Israel has raised concerns about a major disruption of global oil supplies driven by geopolitical events. This conflict has involved attacks on oil infrastructure in neighboring countries, including Saudi Arabia, Kuwait and the United Arab Emirates.

Keywords: oil (search for similar items in EconPapers)
Date: 2026-03-20
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