economy
May 8, 2026
Ormuz Crisis: Are there really effects on Colombia due to the tension in the Middle East?
Ormuz crisis threatens the energy and logistical transit of global maritime trade. Photo: iStock
TL;DR
- The geopolitical crisis in the Middle East and the potential closure of the Strait of Hormuz are increasing business costs, inflation, and impacting global supply chains.
- The Strait of Hormuz is a crucial route for 38% of global crude oil maritime trade, 29% of liquefied petroleum gas, and 19% of liquefied natural gas and refined products.
- Approximately one-third of global fertilizer maritime trade also passes through the Strait, raising concerns for food security and international agricultural costs.
- The crisis impacts Colombia through higher raw material costs, potential increases in prices and wages, and tighter international financial conditions due to a stronger dollar.
- Analdex's XV International Congress on Supply Chain and Logistics will focus on technological solutions and business strategies to address global supply chain disruptions.
- Colombia faces internal logistical challenges including high cargo transport costs, regulatory restrictions, road blockages, and vehicle policies that may hinder competitiveness.